trust beneficiary

The trust beneficiary is the party who stands to benefit from a trust. These benefits can include income generated by the trust assets, the assets themselves, or other advantages as stipulated by the terms of the trust. 

[Last reviewed in June of 2024 by the Wex Definitions Team]

Keywords

• trusts and estates

Wex

• PROPERTY
• trusts
• inheritances & estates
• wex definitions
• property law