Income beneficiary definition

Income beneficiary means a person to whom net income of a trust is or may be payable.

Income beneficiary means a person to whom net income

Income beneficiary means a person to whom a trust’s net income is or may be payable.

Examples of Income beneficiary in a sentence

• Income beneficiary" means a person to whom net income of a trust is or may be payable.[PL 2017, c.

• Yet, providers do not have information about whether an enrollee is an Excess Income beneficiary or the excess income amount.

• Current maintenance includes costs incurred in obtaining food, shelter, clothing, medical care and personal comfort items.Example: A Supplemental Security Income beneficiary is entitled to a monthly benefit of$ 264.

• Income beneficiary" means a person to whom net income of a trust is or may be payable.[ 2017, c.

• XXXX CHARITABLE REMAINDER UNITRUST Page112 Trustee shall have the power to amend the governing instrument for the sole purpose of complying with the requirements of Section 664 of the Code and Treasury Regulations Section 1.664-1 and 1.664-2, as the same may from time to time be amended, by an instrument in writing signed by the Trustee and a copy delivered to the Donors, or the oldest then living Income beneficiary if both the Donors are then deceased.

More Definitions of Income beneficiary

Income beneficiary means a person to whom net income of a trust

Income beneficiary means the person to whom income is presently payable or for whom it is accumulated for distribution as income;

Income beneficiary means the person to whom income is

Income beneficiary means P.T. Limited, ACN 004 454 666.

Income beneficiary means any person to whom income is presently

Income beneficiary means that term as defined in section 102 of UPIA, MCL 555.502.

Income beneficiary means a person who: