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Washington Revised Code Title 11. Probate and Trust Law § 11.98.002. Definitions

Current as of January 01, 2025 | Updated by Findlaw Staff

The definitions in this section apply throughout this chapter, and throughout this title where specifically referenced, unless the context clearly requires otherwise.

(1) “Permissible distributee” means a trust beneficiary who is currently eligible to receive distributions of trust income or principal, whether the distribution is mandatory or discretionary.

(2) “Qualified beneficiary” means a trust beneficiary who, on the date that such beneficiary's qualification is determined:

(a) Is a permissible distributee;

(b) Would be a permissible distributee if the interests of the distributees described in (a) of this subsection terminated on that date; or

(c) Would be a permissible distributee if the trust terminated on that date.

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Cite this article: FindLaw.com - Washington Revised Code Title 11. Probate and Trust Law § 11.98.002. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-11-probate-and-trust-law/wa-rev-code-11-98-002/

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