Louisiana Revised Statutes 9:1989 – Refusal of addition to trust
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Terms Used In Louisiana Revised Statutes 9:1989
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
A beneficiary who has not refused his interest under the trust instrument may refuse an addition of property to the trust.