Beneficiary

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Trusts, fiduciaries and matters of equity
When the common law goes a bit runny at the edges™


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For those governed by a common law regime which recognises such intellectual fictions, the person holding beneficial interest in, as opposed to legal title to, a right or asset.

A lot of the time legal title and beneficial interest will be held by the same person. For them not to be implies some kind of trust.

See also