One entitled to the remainder of an estate after a particular reserved right or interest, such as a life tenancy, has expired. |
State Law |
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California |
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as used in this chapter means the person ultimately entitled to the principal, whether named or designated by the terms of the transaction by which the principal was established or determined by operation of law California Civil Code 731.03 |
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Indiana |
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means a beneficiary entitled to principal, including income which has been accumulated and added to the principal Indiana Code 30-4-1-2 |
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South Dakota |
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means the person entitled to principal, including income which has been accumulated and added to principal South Dakota Codified Laws 55-13-1 |