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Glossary > R > "Remainder Man" Definition

Remainder Man

A person who receives the principal remaining in a trust account after expense payments and required payments to the beneficiary have been made.

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Remainder Man - A person who receives the principal remaining in a trust account after expense payments and required payments to the beneficiary have been made.

Remainder Man : a person who receives the principal remaining in a trust account after expense payments and required payments to the beneficiary have been made.