- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
@DougS A contingent beneficiary, also known as a remainder beneficiary, a remainderman, or a secondary beneficiary, is an individual or entity who is scheduled to receive an estate or trust distribution, after the death of the Trustor, but only if the primary beneficiary has passed away, or is unable or unwilling to accept the distribution. If the primary beneficiary dies, the remainder beneficiary is entitled to receive the remaining assets still held within the trust. If the primary beneficiary dies, the remainder beneficiary will receive post-death income
‎February 9, 2024
9:04 AM