Beneficial Interest

A person can hold a beneficial interest in something in two ways. If assets are held in the name of a trustee, the beneficiary of the trust holds a beneficial interest in the trust, in that they receive the advantages of the trust.

If a person has contributed to something, for example has paid a deposit for a house; then even if their name is not on the deeds of the house, they can be said to have a beneficial interest in the house.

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