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   What is a beneficial interest?

   • A beneficial interest is a term used to describe the situation that occurs when something is held in “trust”. You may have a beneficial interest in something if you are the “real” owner of it, but legally it is “held” by someone else. For example, Benny is 80 years old. Benny buys this house with money that he’s saved up over the years:

   What is a Beneficial Interest? - Richter Trial Law

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   What is the difference between a bar and a beneficial interest?

   • bar -- To prevent, normally by fine or common recovery, a future interest from ever taking effect. Inchoate dower and reversions or remainders following fees tail are the most frequently barred interests. beneficial interest -- The right to the rents, profits, or more broadly all benefits from property.

   GLOSSARY OF ESTATES AND FUTURE INTERESTS - Harvard Law School

   www.law.harvard.edu/faculty/cdonahue/courses/prop/lec/EFI.GLO.html

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   Why did a husband seek a beneficial interest?

   • This was proof of a common intention to have a beneficial interest. Capacity to be a trustee is generally co-extensive with the ability to hold and dispose of a legal or beneficial interest in property. By virtue of these efforts the husband sought a beneficial interest in the proceeds of sale of the property.

   BENEFICIAL INTEREST definition | Cambridge English Dictionary

   dictionary.cambridge.org/us/dictionary/english/beneficial-interest

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   Does a trustee obtain a beneficial interest in a property?

   • The trustee does not obtain any beneficial interest in the property. Having completed this exercise, the plaintiffs claim a continuing beneficial interest in the insurance money. On the facts it was clear that the presumed intention was that she should have an equal share of the beneficial interest.

   BENEFICIAL INTEREST definition | Cambridge English Dictionary

   dictionary.cambridge.org/us/dictionary/english/beneficial-interest

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2. dictionary.cambridge.org › beneficial-interestBENEFICIAL INTEREST definition | Cambridge English Dictionary

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   BENEFICIAL INTEREST meaning: 1. the right to receive income, profits, interest, etc. from a business, contract, or investment…. Learn more.

3. dictionary.justia.com › beneficial-interestbeneficial interest Definition, Meaning & Usage | Justia ...

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   Definition of "beneficial interest". The right of a person to profit or benefit from a trust or contract, which contrasts with a party tasked with managing assets but not receiving personal benefits. How to use "beneficial interest" in a sentence.

4. www.nolo.com › dictionary › beneficial-interest-termBeneficial Interest Definition | Nolo

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   Beneficial Interest Definition The right of a party to some profit, distribution, or benefit from a contract or trust. A beneficial interest is distinguished from the rights of someone like a trustee or official who has responsibility to manage the assets, but does not share in the benefits.

5. www.law.harvard.edu › faculty › cdonahueGLOSSARY OF ESTATES AND FUTURE INTERESTS - Harvard Law School

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   Mar 18, 2011 · beneficial interest -- The right to the rents, profits, or more broadly all benefits from property. See also equitable interest, legal interest. chattel -- Personal property, as opposed to real property. chattel real -- An interest in land classified for some purposes, e.g. succession, as personal property rather than real property.

6. richtertriallaw.com › 2013/04/01 › beneficial-interestWhat is a Beneficial Interest? - Richter Trial Law

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   Apr 1, 2013 · What is a Beneficial Interest? A beneficial interest is a term used to describe the situation that occurs when something is held in “trust”. You may have a beneficial interest in something if you are the “real” owner of it, but legally it is “held” by someone else. For example, Benny is 80 years old.

7. www.oxfordreference.com › display › 10Beneficial interest - Oxford Reference

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   Overview. beneficial interest. Quick Reference. The right to the use and enjoyment of property, rather than to its bare legal ownership. For example, if property is held in trust, the trustee has the legal title but the beneficiaries have the beneficial interest in equity.

8. moneyzine.com › personal-finance › beneficial-interestBeneficial Interest

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   Sep 25, 2023 · Definition. The term beneficial interest refers to the rights to an asset that are derived from the terms and conditions of an agreement. Beneficial interest oftentimes refers to the rights a party is deriving from a trust agreement. When a donor directs assets to a trust, the trustee has a fiduciary responsibility to protect those assets.