Assertion: trust's beneficiary | /r/CapableOf | receive benefit
Facets:
value: from the trust
type: OTHER
value: from the fund
type: OTHER
value: from any assets
type: OTHER
Source sentences:
text: Beneficiary: A beneficiary is anyone who receives benefits from any assets the trust owns.
text: The trustee manages the fund's assets and executes its directives, while the beneficiary receives the assets or other benefits from the fund.
text: It requires a settlor to fund the trust -- in the example above, Mitt, a trustee who takes legal possession of the assets and agrees to administer them on behalf of a third party, and the identification of a beneficiary who will receive any income and benefits from the trust.