As used in sections 475.380 to 475.480:

(1) “Person” means an individual, a partnership, a corporation or an association;

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Terms Used In Missouri Laws 475.380

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fiduciary: A trustee, executor, or administrator.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Missouri Laws 1.020
  • Property: includes real and personal property. See Missouri Laws 1.020
  • United States: includes such district and territories. See Missouri Laws 1.020
  • Ward: a minor or an incapacitated person for whom a guardian, limited guardian, or standby guardian has been appointed. See Missouri Laws 475.010

(2) “Veterans administration” means the Veterans Administration, its predecessors or successor;

(3) “Income” means moneys received from the Veterans Administration and revenue or profit from any property wholly or partially acquired therewith;

(4) “Estate” means income on hand and assets acquired partially or wholly with income;

(5) “Benefits” means all moneys paid or payable by the United States through the Veterans Administration;

(6) “Administrator” means the administrator of Veterans Affairs of the United States or his successor;

(7) “Ward” means a beneficiary of the Veterans Administration;

(8) “Guardian” means any fiduciary for the person or estate of a ward.