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WHAT IS THE ROLE OF THE BENEFICIARY?

April 26, 2017Beneficiary

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WHAT IS THE ROLE OF THE BENEFICIARY?

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The beneficiary has the best job. The beneficiary gets the benefits of the assets in the trust, i.e., usually the income from the investments and the right to live in the home held by the trust, etc. With a revocable living trust, the trustor is also the first beneficiary of the trust.