MLchartDataset catalogue

Definite trust beneficiaries

Term · Law · MLC-T-LAW-001542

Individuals or entities clearly identified in a trust instrument as having a present or future interest in the trust's assets or income. Their identities must be ascertainable at the time the trust is created or within the perpetuity period. This clarity is a fundamental requirement for a valid private express trust.

Table 1. Record
IdentifierMLC-T-LAW-001542
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001542",
  "term": "Definite trust beneficiaries",
  "field": "Law",
  "definition": "Individuals or entities clearly identified in a trust instrument as having a present or future interest in the trust's assets or income. Their identities must be ascertainable at the time the trust is created or within the perpetuity period. This clarity is a fundamental requirement for a valid private express trust.",
  "url": "https://mlchart.com/terminology/law/definite-trust-beneficiaries/"
}

Record 1,409 of 5,439 in Law terminology (MLC-0107). Request the full dataset.