Meaning beach bum trust provision
What does beach bum trust provision mean? Here you find 4 meanings of the word beach bum trust provision. You can also add a definition of beach bum trust provision yourself
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beach bum trust provisionn. a requirement in a trust that a beneficiary can only receive p...
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beach bum trust provisionA clause in a trust that requires the trust beneficiary to earn his or her own money in order to receive trust funds. This provision is intended to encourage the beneficiary to work, and not just lie [..]
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beach bum trust provisionIn the law of trusts, it is a requirement that a beneficiary can only receive from the trust an amount equal to the beneficiary's own earnings. A beach bum trust provision is intended to prevent [..]
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beach bum trust provisionn. a requirement in a trust that a beneficiary can only receive profit from the trust equal to the amount he/she earns. This provision is intended to encourage the beneficiary to work, and not just li [..]
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