What Is Beneficial Interest?

A beneficial interest is a legal right to enjoy the benefits of property that is held in a trust or by another person for your benefit. The holder of a beneficial interest is called a “beneficiary.” A beneficial interest can be created by agreement (such as in a trust agreement) or by operation of law … Read more

Work Ticket.

A work ticket is a document that authorizes a worker to perform a specific job or task. It is typically issued by a supervisor or manager, and it may specify the details of the job, such as the location, time, materials, and equipment needed. Work tickets can also be used to track the progress of … Read more

What Is Gifted Stock?

Gifted stock is stock that has been given by the owner to another person as a gift. The gifted stock may be given outright or it may be placed in a trust for the benefit of the recipient. The recipient will then have the right to sell the stock, hold onto it, or use it … Read more