Beneficial Interest
Definition of 'Beneficial Interest'The right to receive benefits on assets held by another party. Beneficial interest is often referred to in matters concerning trusts. For example, most beneficial interest arrangements are in the form of trusts, whereby one has a vested interest in the trust's assets. The beneficiary receives income from the trust's holdings, but does not own the holdings themselves. |
|
Investopedia explains 'Beneficial Interest'Another example of beneficial interest is in real estate. A tenant renting a property is enjoying the benefits of having a roof over his or her head; however, he or she does not hold the asset. |
Related Definitions
Articles Of Interest
-
Certifications For Estate Planning
These certifications can lead to a promising career, but is estate planning for you? -
The Complete Guide To Becoming A Landlord
Being a landlord can be a fulfilling and financially rewarding experience. However, the decision to become a landlord should not be taken lightly. -
Why You Shouldn't Die In 2013
Increases in estate tax rates and possible fiscal cliff implications will make things more difficult when it comes to arrangements for your death. -
Tax-Efficient Wealth Transfer
Taxpayers with large taxable estates were required to take steps to reduce them before 2011. -
Reasons Renting Is Better Than Buying
Owning a home is much more expensive than renting. Here are the places where the costs differ greatly. -
What To Do When You're Left Out Of A Will
Discover the legal steps you can take if you are left out of a will and if fighting is worth the effort. -
Tax-Saving Advice For IRA Holders
Be informed about benefits and deductions that may apply to you and avoid costly mistakes on your return. -
Relationships And Retirement Planning
Older couples have many things to consider when it comes to financial planning, including wills and estate planning. -
Retirement Living: Renting Vs. Home Ownership
Here are three simple questions you should consider when weighing this decision. -
What Is A Will And Why Do I Need One?
Putting this document together will save your family time and money, and give you peace of mind.
Free Annual Reports