beach bum trust provision

Definition of "beach bum trust provision"
  1. A requirement in a trust that the beneficiary must earn personal income to receive trust assets, meant to promote active earning rather than living solely off the trust
How to use "beach bum trust provision" in a sentence
  1. The beach bum trust provision in his father's will meant he had to find a job to access his inheritance.
  2. To prevent her children from becoming lazy, she included a beach bum trust provision in her estate plan.
  3. With a beach bum trust provision, the trust funds could not be accessed unless the beneficiary was earning an income.

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