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Directed Employee Benefit Trust Agreement SEC Gov  Form

Directed Employee Benefit Trust Agreement SEC Gov Form

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Instructions and help about Directed Employee Benefit Trust Agreement SEC gov

beneficiary is the one that can enjoy the money from the trust that can benefit from the trust and and very broadly there are two levels of beneficiaries of trusts we talk about lifetime beneficiaries and we talk about ultimate beneficiaries what's the difference so lifetime beneficiary is during the lifetime of the settler the grantor uh uh who enjoys the money who can benefit from the money and the trust during their lifetime after they've pass the ultimate beneficiary or beneficiaries would be the person that are receiving the assets from the trust at that point so if I've said during my lifetime uh my spouse and I can enjoy this money uh we're going to use it to live and we're going to you know spend it as as as we uh are want to do

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