Section 1.48 Beneficiaries of Trusts of Land

LibraryTrusts and Powers 2013 Supp

H. (§1.48) Beneficiaries of Trusts of Land

Care must be taken if agricultural land is to be placed in trust for an alien or foreign business. Section 442.571, RSMo 2000. An alien is any person who is not a United States citizen and who is not a resident of the United States or some territory, trusteeship, or protectorate of the United States. Section 442.586, RSMo 2000. Agricultural land is defined as “any...

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