Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,885,327,584 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Income beneficiary

    0.03 sec.
Income beneficiary
One who receives income from a trust.


How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
No references found
 
Paying principal to the income beneficiary would increase the distribution deduction (and thus reduce the tax).
For instance, principal payments on a mortgage secured by the rental real estate and capital improvement expenses for the real estate are principal charges; (3) thus, the income beneficiary would receive the rental income without reductions for these expenses.
The Special Needs Trust provides that a specific portion of the amount it receives from the Charitable Remainder Trust will be paid to the income beneficiary (in your case, the individual with special needs) each month.
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2010 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.