Remainder Man

AAA

DEFINITION of 'Remainder Man'

The person who receives the principal remaining in a trust account after all other required payments have been made, such as those to the beneficiary and expenses.

INVESTOPEDIA EXPLAINS 'Remainder Man'

The remainder man may exercise the right to hold and use the property in the trust only after the trust has been completely dissolved.

RELATED TERMS
  1. Beneficiary

    Anybody who gains an advantage and/or profits from something. ...
  2. Trust

    A fiduciary relationship in which one party, known as a trustor, ...
  3. Principal

    1. The amount borrowed or the amount still owed on a loan, separate ...
  4. Guarantee Company

    A form of corporation designed to protect members from liability, ...
  5. Private Finance Initiative - PFI

    A method of providing funds for major capital investments where ...
  6. Financial Shenanigans

    Acts or actions designed to mask or misrepresent the true financial ...
Related Articles
  1. Retirement

    Pick The Perfect Trust

    Trusts are an estate plan's anchor, but the terminology can be confusing. We cut through the clutter.
  2. Personal Finance

    Special Trusts For Special Needs

    If you or someone you love has a disability, these trusts can help ease the cost of care.
  3. Retirement

    Gifting Your Retirement Assets To Charity

    There are several things to consider when it comes to this type of charitable giving. Make sure you're well informed.
  4. Home & Auto

    Can You Trust Your Trustee?

    Ignorance and incompetence can cost you money. Make sure your trustee is up to the task.
  5. Retirement

    Refusing An Inheritance

    Contrary to popular belief, inheriting assets isn't always a good thing. Find out what to do if you want to disclaim them.
  6. What's a Trust Fund?
    Personal Finance

    What's a Trust Fund?

    A trust fund is a fund comprised of a variety of assets, established by a grantor, to provide financial security to an individual, most often a child or grandchild - or organizations, such as ...
  7. Fundamental Analysis

    What are the differences between a change in accounting principle and a change in accounting estimate?

    Learn how to differentiate between a change in accounting principle and a change in accounting estimate and how accountants should treat each type.
  8. Fundamental Analysis

    What are the differences between gross profit and net income?

    Find out how companies determine gross profits and net income, and how these figures provide quick snapshots of their financial health.
  9. Retirement

    What is a good book on creating a trust that would qualify as the beneficiary for an IRA?

    "Life And Death Planning For Retirement Benefits" has all you need and more. If you read this book, you won't need any luck.To learn more about designating a beneficiary, check out Who Is The ...
  10. Investing

    What does a "5 by 5" power in a trust document mean?

    It is not uncommon that wealthy individuals are concerned with leaving large sums of money to specific beneficiaries for the fear of those individuals acting irresponsibly with access to such ...

You May Also Like

Hot Definitions
  1. Santa Claus Rally

    A surge in the price of stocks that often occurs in the week between Christmas and New Year's Day. There are numerous explanations ...
  2. Commodity

    1. A basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often ...
  3. Deferred Revenue

    Advance payments or unearned revenue, recorded on the recipient's balance sheet as a liability, until the services have been ...
  4. Multinational Corporation - MNC

    A corporation that has its facilities and other assets in at least one country other than its home country. Such companies ...
  5. SWOT Analysis

    A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, ...
  6. Simple Interest

    A quick method of calculating the interest charge on a loan. Simple interest is determined by multiplying the interest rate ...
Trading Center