Beneficiary: Difference between revisions
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imported>Doug Williamson (Align with qualifications material.) |
imported>Doug Williamson (Generalise.) |
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#A person or company to whom money is paid. Also known as a payee. | #A person or company to whom money is paid. Also known as a payee. | ||
#The party that is named by the grantor, settler or creator of | #The party that is named by the grantor, settler or creator of a trust and is entitled, according to the terms in the respective trust deed, the benefit from the revenues of the trust. | ||
Revision as of 09:45, 23 May 2015
- A person or company to whom money is paid. Also known as a payee.
- The party that is named by the grantor, settler or creator of a trust and is entitled, according to the terms in the respective trust deed, the benefit from the revenues of the trust.