Beneficiary

Definitie

A beneficiary is a person or entity designated to receive benefits from a trust, such as income, capital distributions or the use of trust assets. Beneficiaries can be named individuals, classes of persons, or even charitable purposes. Their rights depend on the type of trust (discretionary or fixed).

Context

Deze term wordt veelvuldig gebruikt in de context van trustadministratie in Zwitserland. Het begrijpen van dit concept is essentieel voor internationale families, ondernemers en juridische professionals die truststructuren geadministreerd vanuit Zwitserland overwegen of beheren.

Gerelateerde termen

• AML (Anti-Money Laundering) — Anti-Money Laundering (AML) refers to the set of laws, regulations and procedures designed to preven...
• Asset Protection — Asset protection refers to strategies used to shield assets from potential claims, creditors or lega...
• Beneficial Ownership — Beneficial ownership refers to the natural person(s) who ultimately own or control an entity or trus...
• Change of Trustee — A change of trustee is the process of replacing the existing trustee with a new one. This involves l...
• Compliance Calendar — A compliance calendar is a structured schedule of all regulatory deadlines, reporting requirements a...