Income Beneficiary

Learn about the definition for this legal term.

What is Income Beneficiary?

A person entitled to income from property, especially of a trust or estate. Such a person is entitled to income from property rather than the corpus or principal.

Further Reading

For more detailed information, see our related Wills Trusts And Estates terms:

Pass the Bar, Guaranteed

BarPrepHero Premium offers the most complete collection of real bar exam questions licensed directly from NCBE (the organization that writes the exam).
Bar Exam starts in:
Days
Hrs
Mins
Secs
Study better now