cestui que trust

Definition of "cestui que trust"
  1. An old term referring to the beneficiary of a trust who receives payments or will get a future distribution from the trust's assets
How to use "cestui que trust" in a sentence
  1. In his will, he appointed his son as the cestui que trust of his substantial estate.
  2. In case of bankruptcy, the cestui que trust has a priority claim over the assets.
  3. The cestui que trust was unaware that the trustee had been mismanaging the trust's assets.
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