beneficial interest

A right or expectancy in something (such as a trust or an estate), as opposed to legal title to that thing.

• For example, a person with a beneficial interest in a trust receives income from the trust but does not hold legal title to the trust property. [Cases: Descent and Distribution 68–81; Trusts 1. C.J.S. Descent and Distribution §§ 68–71, 73–77, 82–88, 116; Trover and Conversion §§ 1–9, 14–18.]

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词条贡献者

译者Anne，毕业于亚洲顶尖的高级翻译学院，擅长翻译各种与投资顾问法联邦及地方注册相关的法律文件。