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Keywords:
Entitled,
Beneficiary,
Outright,
Intervening,
Trust
The person who gets everything that is left in an estate or trust after all the gifts are given out.
The person(s) entitled to the trust's principal, possibly including income that has been accumulated and added to principal, after the death of the income beneficiary(s).
The person or persons who will receive assets of a trust after the interests of persons who are currently receiving income end.
The person or entity entitled to receive what remains of the principal after a life interest (or other intervening interest) has terminated.
The beneficiary of a trust who is entitled to the principal outright after the interest of the prior beneficiary has been terminated.
(See also Current Beneficiary.) Remaindermen
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