An income beneficiary is
A)a stockbroker who remained working on Wall Street after the 1987 crash.
B)an employee of a trustee.
C)one who receives interest and dividend income from a trust during their lifetime.
D)one who receives the principal of a trust when it is dissolved.
E)None of the options

Question

Quizplus · Accepted Answer

An income beneficiary is one who receives interest and dividend income from a trust during their lifetime.

An Income Beneficiary Is