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  2. Nominee trust - Wikipedia

    en.wikipedia.org/wiki/Nominee_trust

    A nominee trust is a legal arrangement whereby a person, termed the settlor, appoints another person, termed the "nominee" or "trustee", to be the owner of the legal title to some property. [1] Although the legal title is transferred to the nominee, the beneficial ownership of the property is transferred to a third person, termed the beneficiary .

  3. What is a beneficiary? - AOL

    www.aol.com/finance/beneficiary-211500552.html

    A beneficiary is someone who receives a financial asset that was once owned by someone else. Choosing beneficiaries helps ensure that your assets go to the right people once you pass on. It’s a ...

  4. Beneficial ownership - Wikipedia

    en.wikipedia.org/wiki/Beneficial_ownership

    A nominee director's name would appear on all corporate paperwork in place of the beneficial owners, and like nominee shareholders, few jurisdictions can compel a nominee director to divulge the identity of beneficial owners. [15] A further hurdle is that some jurisdictions allow a corporation to be named as a director. [15]

  5. United States trust law - Wikipedia

    en.wikipedia.org/wiki/United_States_trust_law

    Qualified beneficiaries" are defined as a beneficiary who, on the date the beneficiary's qualification is determined: (A) is a distributee or permissible distributee of trust income or principal; (B) would become a distributee or permissible distributee of trust income or principal if a present distributees' interest ended on that date without ...

  6. Does a Beneficiary Designation Overrule a Will? - AOL

    www.aol.com/finance/beneficiary-designations-vs...

    For instance, you can buy a house or set up a savings account without … Continue reading → The post Differences of Beneficiary Designations vs. Wills appeared first on SmartAsset Blog.

  7. Should I Name a Sole Beneficiary?

    www.aol.com/name-sole-beneficiary-140045387.html

    A beneficiary is someone who is named to receive a financial gift from an estate or a specific asset, such as a … Continue reading → The post What Is a Sole Beneficiary? appeared first on ...

  8. Beneficiary (trust) - Wikipedia

    en.wikipedia.org/wiki/Beneficiary_(trust)

    In trust law, a beneficiary (also known by the Law French terms cestui que use and cestui que trust), is the person or persons who are entitled to the benefit of any trust arrangement. A beneficiary will normally be a natural person , but it is perfectly possible to have a company as the beneficiary of a trust, and this often happens in ...

  9. Trust (law) - Wikipedia

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

    The beneficiary or the class of beneficiaries if they have not been identified yet; Any other person exercising control over the trust; The actual implementation of this law still remains to be seen however the requirements above are expressly extracted from The Prevention and Suppression of Money Laundering and Terrorist Financing Law of 2007 ...