Beach bum trust provision

Beach bum trust provision

A beach bum trust provision, in the law of trusts, ties the ability of a trust beneficiary to take from the trust to the beneficiary's own earnings. Such a provision serves to prevent a beneficiary from lazily living off the trust funds. If the beneficiary earns no income, then he reaps nothing from the trust.


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  • beach bum trust provision — A clause in a trust that requires the trust beneficiary to earn his or her own money in order to receive trust funds. This provision is intended to encourage the beneficiary to work, and not just lie around the beach and live off the trust.… …   Law dictionary

  • living trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. living trust …   Law dictionary

  • List of law topics (A-E) — NOTOC Law [From Old English lagu something laid down or fixed ; legal comes from Latin legalis , from lex law , statute ( [http://www.etymonline.com/index.php?search=law searchmode=none Law] , Online Etymology Dictionary; [http://www.m… …   Wikipedia

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