A person who, although not the legal owner, may compel the trustee to provide benefits of a trust to him is called the
A) secondary beneficiary.
B) beneficial owner.
C) beneficiary.
D) trustee.
E) trust benefactor.

Question

Quizplus · Accepted Answer

The beneficiary owner is a person who is not the legal owner of the trust, but has the right to compel the trustee to provide the benefits to them. The secondary beneficiary is a person who may receive benefits if the primary beneficiary is unable to receive them, but does not have the same right to compel the trustee as the beneficial owner. The trustee is the person responsible for managing the trust. Trust benefactor is not a commonly used term in trust law.

A Person Who, Although Not the Legal Owner, May Compel