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All Topics / Legal & Accounting / Corpus & Specified Beneficiaries of a Trust?
Hi,
Does anyone know what the difference is between the “Corpus Beneficiaries” and the “Specified Beneficiaries” in a Trust Deed by any chance? [eh]
Kim
Kim Anand
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“Money Can’t Buy you Happiness but it Does Bring you a More Pleasant Form of Misery”
I believe ‘corpus’ relates to the capital or principal of the trust. So maybe corpus beneficiary is one who receives the capital of a trust when it is wound up? Just guessing here.
Terryw
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