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Keywords:
Grandchild,
Reverts,
Terminated,
Trust,
Remain
One in which the trust property reverts back to the original holder after a certain period of time. For instance, one individual may place stocks in a reversionary trust for another person (perhaps as an education fund for a grandchild). All earnings from the stock accrue to the trust recipient. After a certain number of years, the stock returns to the possession of the owner, while the earnings remain in trust for the trust recipient.
a secure, economical mechanism for the receipt, management, investment, and disbursement of a vaccine injury award on behalf of the injured party
A trust limited to a specified term of years or for the life of the beneficiary at the end of which period the trust is terminated and the property returned to the grantor.
Account from which remaining amounts are paid back to the funding party at the termination of the trust.
Trust account from which remaining or residual amounts are paid back to the funding party upon termination of the trust.
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