Beneficiary: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Add definition. Source: Linked pages)
imported>Doug Williamson
(Add link.)
Line 23: Line 23:
* [[Trust]]
* [[Trust]]
* [[Trust deed]]
* [[Trust deed]]
* [[Trustee]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]

Revision as of 21:34, 9 July 2022

1.

A person or company to whom money is paid.

Also known as a payee.


2.

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.


3.

A party that benefits from a will.


See also