An individual designated by a trust to receive any distribution from the income or principal for the benefit of the individual is a beneficiary of the trust. A distribution from a trust may include cash, non-cash, or property disbursements, including the right to use or occupy real property.

← 003.05(A)(vi)(2)(b) GRANTOR OF A TRUST.003.05(A)(vi)(2)(d) DISCLOSURE OF TRUST INTEREST. →

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Axiom
Nebraska
Regulations
Title 477
Chapter 23
§ chapter-23.003.05.a.vi.2.c

003.05(A)(vi)(2)(c) TRUST BENEFICIARY.

Official source

← 003.05(A)(vi)(2)(b) GRANTOR OF A TRUST.003.05(A)(vi)(2)(d) DISCLOSURE OF TRUST INTEREST. →

in view

Whole section