Beneficiary Funds & Trustees Duties - Principal Officers Association
Beneficiary Funds & Trustees Duties - Principal Officers Association
Beneficiary Funds & Trustees Duties - Principal Officers Association
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When do we pay monies into a <strong>Beneficiary</strong> Fund?1. Pay directly to the beneficiary• Unless the beneficiary can’t manage theirown affairs2. Common law practice to pay to legalguardian• Unless guardian isn’t capable of managingthe benefit