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2. Life interest - Wikipedia

   en.wikipedia.org/wiki/Life_interest

   A life interest [1] (or life rent in Scotland) is a form of right, usually under a trust, that lasts only for the lifetime of the person benefiting from that right. A person with a life interest is known as a life tenant. A life interest ends when the life tenant dies. An interest in possession trust is the most common example of a life ...

3. Disclaimer of interest - Wikipedia

   en.wikipedia.org/wiki/Disclaimer_of_interest

   In the law of inheritance, wills and trusts, a disclaimer of interest (also called a renunciation) is an attempt by a person to renounce their legal right to benefit from an inheritance (either under a will or through intestacy) or through a trust. "If a trustee disclaims an interest in property that otherwise would have become trust property ...

4. Trust (law) - Wikipedia

   en.wikipedia.org/wiki/Trust_(law)

   In the UK, a protective trust is a life interest that terminates upon the happening of a specified event; such as the bankruptcy of the beneficiary, or any attempt by an individual to dispose of their interest. They have become comparatively rare. In the US, a 'protective trust' is a type of trust that was devised for use in estate planning.

5. United States trust law - Wikipedia

   en.wikipedia.org/wiki/United_States_trust_law

   The term "grantor trust" also has a special meaning in tax law. A grantor trust is defined under the Internal Revenue Code as one in which the federal income tax consequences of the trust's investment activities are entirely the responsibility of the grantor or another individual who has unfettered power to take out all the assets. [20]

6. What happens if your life insurance beneficiary dies ... - AOL

   www.aol.com/finance/happens-life-insurance...

   Submit the form: Once you’ve completed the form, submit it to your insurance provider. This can typically be done via mail, email or sometimes through an online portal.

7. Life estate - Wikipedia

   en.wikipedia.org/wiki/Life_estate

   The ownership of a life estate is of limited duration because it ends at the death of a person. Its owner is the life tenant (typically also the 'measuring life') and it carries with it right to enjoy certain benefits of ownership of the property, chiefly income derived from rent or other uses of the property and the right of occupation, during his or her possession.