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Beneficial Interest

trust property agreement terms

Profits or advantages from property derived from the terms of a trust agreement.

A beneficiary of a trust has a beneficial interest in the trust property, the legal title of which is held by the trustee. The beneficiary receives the advantages of ownership of the property which the trustee holds and distributes according to the terms of the trust agreement.

Beneficial Use [next] [back] Beneficial Association - History, Organization And Incorporation, Rights, Powers, And Liabilities

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