| The third is the time at which the beneficiary's bank sets into motion the internal machinery for crediting the beneficiary's account. |
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| I cannot however see what impact this has on the disappointed beneficiary's remedy. |
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| Second, there is no tax shelter as capital gains are taxed regularly, albeit at the beneficiary's rate, which is typically lower than that of the contributor. |
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| The extent of a beneficiary's interest depends on the wording of the trust document. |
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| A testamentary limited power of appointment allows the beneficiary to change the disposition that would otherwise occur at the beneficiary's death. |
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