
A person who benefits from the assets held in the trust.
A person responsible for managing trust assets according to the trust deed.
The individual who creates and contributes assets to a trust.
A trust where beneficiaries and their entitlements are fixed.
A trust where trustees decide how and when beneficiaries receive assets.
A trust where a beneficiary has the right to income but not necessarily capital.
Create a free account or log in to see all 100 cards and start studying this deck.
Auracle is an audio-first learning platform built for busy people. Memorize anything without looking at a screen.
Listen, interact, and review cards entirely through audio. Perfect for commuting, walking, or at the gym.
Auracle uses a scientific algorithm to schedule your reviews at the optimal time, ensuring you never forget what you learn.
Learn how it works