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:''"Cestui que use" redirects here. See also, Cestui que.'' In trust law, a beneficiary or ''cestui que'' use, a.k.a. ''cestui que'' trust, is the person or persons who are entitled to the benefit of any trust arrangement. A beneficiary will normally be a natural person, but it is perfectly possible to have a company as the beneficiary of a trust, and this often happens in sophisticated commercial transaction structures.〔See for example ''Quistclose'' trusts and orphan structures, both of which commonly involve non-human beneficiaries of trusts.〕 With the exception of charitable trusts, and some specific anomalous non-charitable purpose trusts, all trusts are required to have ascertainable beneficiaries. Generally speaking, there are no strictures as to who may be a beneficiary of a trust; a beneficiary can be a minor, or under a mental disability (in fact many trusts are created specifically for persons with those legal disadvantages). It is also possible to have trusts for unborn children, although the trusts must vest within the applicable perpetuity period. ==Categorization== There are various ways in which beneficiaries of trusts can be categorised, depending upon the nature and need of the categorisation. From the perspective of the trustees' duties, it is most common to differentiate between: *fixed beneficiaries, who have a simple fixed entitlement to income and capital; and *discretionary beneficiaries, whom the trustees must make decisions as to the respective entitlements. Where a trust gives rise to sequential interests, from a tax perspective (and also from the point of view of trustee's duties), it is often necessary to differentiate beneficiaries sequentially, between: *those with a vested interest, such as tenants for life; and *those with a contingent interest, such as remaindermen For the purposes of various exercise of beneficiaries' rights, it is often necessary to distinguish between: *beneficiaries under a bare trust (including a constructive or resulting trust), to whom the trustee owes basic duties arising by law; and *beneficiaries under an express trust (either an ''inter vivos trust or a testamentary trust), where the trustee owes additional duties and has additional powers specified by the trust instrument. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「:''"Cestui que use" redirects here. See also, Cestui que.''In trust law, a '''beneficiary''' or '''''cestui que'' use''', a.k.a. '''''cestui que'' trust''', is the person or persons who are entitled to the benefit of any trust arrangement. A beneficiary will normally be a natural person, but it is perfectly possible to have a company as the beneficiary of a trust, and this often happens in sophisticated commercial transaction structures.See for example ''Quistclose'' trusts and orphan structures, both of which commonly involve non-human beneficiaries of trusts. With the exception of charitable trusts, and some specific anomalous non-charitable purpose trusts, all trusts are required to have ascertainable beneficiaries.Generally speaking, there are no strictures as to who may be a beneficiary of a trust; a beneficiary can be a minor, or under a mental disability (in fact many trusts are created specifically for persons with those legal disadvantages). It is also possible to have trusts for unborn children, although the trusts must vest within the applicable perpetuity period.==Categorization==There are various ways in which beneficiaries of trusts can be categorised, depending upon the nature and need of the categorisation.From the perspective of the trustees' duties, it is most common to differentiate between:*fixed beneficiaries, who have a simple fixed entitlement to income and capital; and*discretionary beneficiaries, whom the trustees must make decisions as to the respective entitlements.Where a trust gives rise to sequential interests, from a tax perspective (and also from the point of view of trustee's duties), it is often necessary to differentiate beneficiaries sequentially, between:*those with a vested interest, such as tenants for life; and*those with a contingent interest, such as remaindermenFor the purposes of various exercise of beneficiaries' rights, it is often necessary to distinguish between:*beneficiaries under a bare trust (including a constructive or resulting trust), to whom the trustee owes basic duties arising by law; and*beneficiaries under an express trust (either an ''inter vivos trust or a testamentary trust), where the trustee owes additional duties and has additional powers specified by the trust instrument.」の詳細全文を読む :''"Cestui que use" redirects here. See also, Cestui que.'' In trust law, a beneficiary or ''cestui que'' use, a.k.a. ''cestui que'' trust, is the person or persons who are entitled to the benefit of any trust arrangement. A beneficiary will normally be a natural person, but it is perfectly possible to have a company as the beneficiary of a trust, and this often happens in sophisticated commercial transaction structures.〔See for example ''Quistclose'' trusts and orphan structures, both of which commonly involve non-human beneficiaries of trusts.〕 With the exception of charitable trusts, and some specific anomalous non-charitable purpose trusts, all trusts are required to have ascertainable beneficiaries. Generally speaking, there are no strictures as to who may be a beneficiary of a trust; a beneficiary can be a minor, or under a mental disability (in fact many trusts are created specifically for persons with those legal disadvantages). It is also possible to have trusts for unborn children, although the trusts must vest within the applicable perpetuity period. ==Categorization== There are various ways in which beneficiaries of trusts can be categorised, depending upon the nature and need of the categorisation. From the perspective of the trustees' duties, it is most common to differentiate between: *fixed beneficiaries, who have a simple fixed entitlement to income and capital; and *discretionary beneficiaries, whom the trustees must make decisions as to the respective entitlements. Where a trust gives rise to sequential interests, from a tax perspective (and also from the point of view of trustee's duties), it is often necessary to differentiate beneficiaries sequentially, between: *those with a vested interest, such as tenants for life; and *those with a contingent interest, such as remaindermen For the purposes of various exercise of beneficiaries' rights, it is often necessary to distinguish between: *beneficiaries under a bare trust (including a constructive or resulting trust), to whom the trustee owes basic duties arising by law; and *beneficiaries under an express trust (either an ''inter vivos trust or a testamentary trust), where the trustee owes additional duties and has additional powers specified by the trust instrument. 抄文引用元・出典: フリー百科事典『 beneficiary or ''cestui que'' use, a.k.a. ''cestui que'' trust, is the person or persons who are entitled to the benefit of any trust arrangement. A beneficiary will normally be a natural person, but it is perfectly possible to have a company as the beneficiary of a trust, and this often happens in sophisticated commercial transaction structures.See for example ''Quistclose'' trusts and orphan structures, both of which commonly involve non-human beneficiaries of trusts. With the exception of charitable trusts, and some specific anomalous non-charitable purpose trusts, all trusts are required to have ascertainable beneficiaries.Generally speaking, there are no strictures as to who may be a beneficiary of a trust; a beneficiary can be a minor, or under a mental disability (in fact many trusts are created specifically for persons with those legal disadvantages). It is also possible to have trusts for unborn children, although the trusts must vest within the applicable perpetuity period.==Categorization==There are various ways in which beneficiaries of trusts can be categorised, depending upon the nature and need of the categorisation.From the perspective of the trustees' duties, it is most common to differentiate between:*fixed beneficiaries, who have a simple fixed entitlement to income and capital; and*discretionary beneficiaries, whom the trustees must make decisions as to the respective entitlements.Where a trust gives rise to sequential interests, from a tax perspective (and also from the point of view of trustee's duties), it is often necessary to differentiate beneficiaries sequentially, between:*those with a vested interest, such as tenants for life; and*those with a contingent interest, such as remaindermenFor the purposes of various exercise of beneficiaries' rights, it is often necessary to distinguish between:*beneficiaries under a bare trust (including a constructive or resulting trust), to whom the trustee owes basic duties arising by law; and*beneficiaries under an express trust (either an ''inter vivos trust or a testamentary trust), where the trustee owes additional duties and has additional powers specified by the trust instrument.">ウィキペディア（Wikipedia）』 ■beneficiary or ''cestui que'' use, a.k.a. ''cestui que'' trust, is the person or persons who are entitled to the benefit of any trust arrangement. A beneficiary will normally be a natural person, but it is perfectly possible to have a company as the beneficiary of a trust, and this often happens in sophisticated commercial transaction structures.See for example ''Quistclose'' trusts and orphan structures, both of which commonly involve non-human beneficiaries of trusts. With the exception of charitable trusts, and some specific anomalous non-charitable purpose trusts, all trusts are required to have ascertainable beneficiaries.Generally speaking, there are no strictures as to who may be a beneficiary of a trust; a beneficiary can be a minor, or under a mental disability (in fact many trusts are created specifically for persons with those legal disadvantages). It is also possible to have trusts for unborn children, although the trusts must vest within the applicable perpetuity period.==Categorization==There are various ways in which beneficiaries of trusts can be categorised, depending upon the nature and need of the categorisation.From the perspective of the trustees' duties, it is most common to differentiate between:*fixed beneficiaries, who have a simple fixed entitlement to income and capital; and*discretionary beneficiaries, whom the trustees must make decisions as to the respective entitlements.Where a trust gives rise to sequential interests, from a tax perspective (and also from the point of view of trustee's duties), it is often necessary to differentiate beneficiaries sequentially, between:*those with a vested interest, such as tenants for life; and*those with a contingent interest, such as remaindermenFor the purposes of various exercise of beneficiaries' rights, it is often necessary to distinguish between:*beneficiaries under a bare trust (including a constructive or resulting trust), to whom the trustee owes basic duties arising by law; and*beneficiaries under an express trust (either an ''inter vivos trust or a testamentary trust), where the trustee owes additional duties and has additional powers specified by the trust instrument.">ウィキペディアで「:''"Cestui que use" redirects here. See also, Cestui que.''In trust law, a beneficiary or ''cestui que'' use, a.k.a. ''cestui que'' trust''', is the person or persons who are entitled to the benefit of any trust arrangement. A beneficiary will normally be a natural person, but it is perfectly possible to have a company as the beneficiary of a trust, and this often happens in sophisticated commercial transaction structures.See for example ''Quistclose'' trusts and orphan structures, both of which commonly involve non-human beneficiaries of trusts. With the exception of charitable trusts, and some specific anomalous non-charitable purpose trusts, all trusts are required to have ascertainable beneficiaries.Generally speaking, there are no strictures as to who may be a beneficiary of a trust; a beneficiary can be a minor, or under a mental disability (in fact many trusts are created specifically for persons with those legal disadvantages). It is also possible to have trusts for unborn children, although the trusts must vest within the applicable perpetuity period.==Categorization==There are various ways in which beneficiaries of trusts can be categorised, depending upon the nature and need of the categorisation.From the perspective of the trustees' duties, it is most common to differentiate between:*fixed beneficiaries, who have a simple fixed entitlement to income and capital; and*discretionary beneficiaries, whom the trustees must make decisions as to the respective entitlements.Where a trust gives rise to sequential interests, from a tax perspective (and also from the point of view of trustee's duties), it is often necessary to differentiate beneficiaries sequentially, between:*those with a vested interest, such as tenants for life; and*those with a contingent interest, such as remaindermenFor the purposes of various exercise of beneficiaries' rights, it is often necessary to distinguish between:*beneficiaries under a bare trust (including a constructive or resulting trust), to whom the trustee owes basic duties arising by law; and*beneficiaries under an express trust (either an ''inter vivos trust or a testamentary trust), where the trustee owes additional duties and has additional powers specified by the trust instrument.」の詳細全文を読む ''cestui que'' trust''', is the person or persons who are entitled to the benefit of any trust arrangement. A beneficiary will normally be a natural person, but it is perfectly possible to have a company as the beneficiary of a trust, and this often happens in sophisticated commercial transaction structures.See for example ''Quistclose'' trusts and orphan structures, both of which commonly involve non-human beneficiaries of trusts. With the exception of charitable trusts, and some specific anomalous non-charitable purpose trusts, all trusts are required to have ascertainable beneficiaries.Generally speaking, there are no strictures as to who may be a beneficiary of a trust; a beneficiary can be a minor, or under a mental disability (in fact many trusts are created specifically for persons with those legal disadvantages). It is also possible to have trusts for unborn children, although the trusts must vest within the applicable perpetuity period.==Categorization==There are various ways in which beneficiaries of trusts can be categorised, depending upon the nature and need of the categorisation.From the perspective of the trustees' duties, it is most common to differentiate between:*fixed beneficiaries, who have a simple fixed entitlement to income and capital; and*discretionary beneficiaries, whom the trustees must make decisions as to the respective entitlements.Where a trust gives rise to sequential interests, from a tax perspective (and also from the point of view of trustee's duties), it is often necessary to differentiate beneficiaries sequentially, between:*those with a vested interest, such as tenants for life; and*those with a contingent interest, such as remaindermenFor the purposes of various exercise of beneficiaries' rights, it is often necessary to distinguish between:*beneficiaries under a bare trust (including a constructive or resulting trust), to whom the trustee owes basic duties arising by law; and*beneficiaries under an express trust (either an ''inter vivos trust or a testamentary trust), where the trustee owes additional duties and has additional powers specified by the trust instrument.」の詳細全文を読む スポンサード リンク
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