Section 1.8 Beneficiary
| Library | Trusts and Powers 2013 Supp |
E. (§1.8) Beneficiary
The person for whose benefit property is held in trust is known as the beneficiary. Restatement (Third) of Trusts § 3(4) (2003). An ancient term for beneficiary still in use is cestui que trust. There may be one or more beneficiaries of a trust. Id. at § 2. The settlor may, during the settlor’s lifetime, be the sole beneficiary and trustee of a trust. Potter v. Winter, 280...
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