Sentence examples for beneficiary the trust from inspiring English sources

As noted in an earlier post, when a trust or estate distributes out in­come to a beneficiary, the trust or estate reduces the amount of income subject to the NIIT at the trust or estate level.

Nadene is the widow of Lomu, who reportedly will not be a beneficiary of the Trust but can apply to the Trust for money to help with the raising of their children.

Even assuming that the plaintiff was the beneficiary of the trust, under California trust law, the beneficiary generally is not the real party in interest and may not sue in the name of the trust.

Now, the beneficiary of the trust has been revealed as a second entity, called the Western Putnam Avenue Trust, that was also formed in connection with the lottery winnings.

Each spouse is a beneficiary of the trust created by the other spouse, and your descendants may be additional beneficiaries.

"Jessica is the ultimate beneficiary of the trust," says the Silvermans' lawyer, Carl Rauh.

However they have informed the defendant that he is not a beneficiary of the trust.

The customer would be written in as the "beneficiary" of the trust, but not the legal owner of the company.

Yet Trump is the sole beneficiary of the trust and he retains the power to revoke it at any time.

Documents released in April show that Trump is the beneficiary of the trust and is allowed to draw money from it at any time.

Gérin told Mediapart he was not a beneficiary of the trust and said he would be asking for explanations from Le Pen and lawyers.