Qualified trust beneficiary definition

Qualified trust beneficiary means that term as defined in section 7103 of the estates and protected individuals code, 1998 PA 386, MCL 700.7103.
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Qualified trust beneficiary means a trust beneficiary to whom 1 or more of the following apply on the date the trust beneficiary's qualification is determined:
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Qualified trust beneficiary means either of the following:
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More Definitions of Qualified trust beneficiary

Qualified trust beneficiary means that term as defined in EPIC section 7103(g), MCL 700.7103(g).
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Qualified trust beneficiary means that term as defined in section 7103(g) of the Michigan trust code, 2009 PA 46, MCL 700.7103(g).
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Qualified trust beneficiary means a trust beneficiary to
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Related to Qualified trust beneficiary

  • Designated Beneficiary means the beneficiary or beneficiaries the Participant designates, in a manner the Administrator determines, to receive amounts due or exercise the Participant’s rights if the Participant dies or becomes incapacitated. Without a Participant’s effective designation, “Designated Beneficiary” will mean the Participant’s estate.

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • Individual Account Means the account established and maintained under this Plan for each Participant in accordance with Section 4.01.

  • Qualified Transferee means an “accredited investor” as defined in Rule 501 promulgated under the Securities Act.

  • Grantor Trust means a Trust other than a RIC.