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2. Third-party beneficiary - Wikipedia

   en.wikipedia.org/wiki/Third-party_beneficiary

   v. t. e. A third-party beneficiary, in the law of contracts, is a person who may have the right to sue on a contract, despite not having originally been an active party to the contract. This right, known as a ius quaesitum tertio, [1] arises when the third party (tertius or alteri) is the intended beneficiary of the contract, as opposed to a ...

3. Future interest - Wikipedia

   en.wikipedia.org/wiki/Future_interest

   e. In property law and real estate, a future interest is a legal right to property ownership that does not include the right to present possession or enjoyment of the property. Future interests are created on the formation of a defeasible estate; that is, an estate with a condition or event triggering transfer of possessory ownership.

4. Deed of trust (real estate) - Wikipedia

   en.wikipedia.org/wiki/Deed_of_trust_(real_estate)

   In a deed of trust, a person who wishes to borrow money conveys legal title in real property to a trustee, who holds the property as security for a loan (debt) from the lender to the borrower. The equitable title remains with the borrower. [1] The borrower is referred to as the trustor, while the lender is referred to as the beneficiary.

5. Why the first step in your estate planning process shouldn’t ...

   www.aol.com/finance/why-first-step-estate...

   Trust & Will reports the average cost is around 3% to 7% of the total value of the estate. For an estate valued at $750,000, that's $22,500 to over $52,000, Trust & Will points out. What's more ...

6. I’m a Financial Expert: 3 Key Roles of Beneficiaries in ...

   www.aol.com/finance/m-financial-expert-3-key...

   I’m a Financial Expert: 3 Key Roles of Beneficiaries in Estate Planning. Though estate planning can be a complicated process, it’s also an act of love. Making your wishes known to your ...

7. Assignment (law) - Wikipedia

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

   Assignment (law) Assignment[a] is a legal term used in the context of the laws of contract and of property. In both instances, assignment is the process whereby a person, the assignor, transfers rights or benefits to another, the assignee. [1] An assignment may not transfer a duty, burden or detriment without the express agreement of the assignee.

8. Life estate - Wikipedia

   en.wikipedia.org/wiki/Life_estate

   e. In common law and statutory law, a life estate (or life tenancy) is the ownership of immovable property for the duration of a person's life. In legal terms, it is an estate in real property that ends at death, when the property rights may revert to the original owner or to another person. The owner of a life estate is called a "life tenant".

9. Trust (law) - Wikipedia

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

   Trust property may be any form of specific property, be it real or personal, tangible or intangible. It is often, for example, real estate, shares or cash. Objects. The beneficiaries of the trust must be clearly identified, [17] or at least be ascertainable (Re Hain's Settlement).