Realized 1031 Glossary of Terms

Beneficiary

Written by The Realized Team | Jul 13, 2022 12:00:00 PM

Beneficiary is any person who is eligible to receive distributions from a trust, will, or life insurance policy.

In the context of a real estate 1031 exchange, certain exchange-eligible investment vehicles, such as a Delaware Statutory Trust, hold the Replacement Property in a trust. Individual investors then acquire Replacement Property Interests as beneficiaries of the holding trust.