Phrases with «remainder beneficiary»

A "remainder beneficiary" refers to a person or entity who will receive something, usually an inheritance or property, after all other beneficiaries have passed away or the conditions of a trust or will have been fulfilled. Essentially, they are the ones who receive what is left or remaining. Full definition

remainder beneficiary

Sentences with «remainder beneficiary»

Actions that are considered Centennial Planned Gifts include making estate plans through a will or a living trust; creating a charitable remainder trust and naming the Business School as the remainder beneficiary; entering into a charitable gift annuity agreement with the School; naming Columbia as the beneficiary of a life insurance policy or retirement plan; or establishing a donor - advised fund at Columbia. (www8.gsb.columbia.edu)
A charitable remainder trust (CRT) designates a charity as the remainder beneficiary and will most likely be used for resolving issues with capital gains while also offering income tax advantages. (insuranceandestates.com)
There are two types of trust beneficiaries which are income beneficiaries and remainder beneficiaries. (insuranceandestates.com)
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Phrases with «remainder beneficiary»

Sentences with «remainder beneficiary»

See also