In the context of trusts, what is the role of the beneficiary?

In the context of trusts, the beneficiary plays a crucial role by being the individual or entity that receives the benefits from the trust. This can include assets, income, or other distributions as determined by the terms of the trust. The trust is established by a grantor who sets the terms and appoints a trustee to manage it. However, the beneficiary is the one who ultimately benefits from the trust's provisions.

Understanding the role of the beneficiary is key to grasping how trusts operate. While other roles like establishing the trust and managing it are important, they are performed by different parties—the grantor and the trustee, respectively. In contrast, the beneficiary is the end recipient of the trust’s intended benefits, making their role essential to the trust's purpose.