Probate - Q

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Probate

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Glossaries

Term Main definition
Qualified beneficiary

A beneficiary who, on the date the beneficiary's qualification is determined:
Is a distributee or permissible distributee of trust income or principal. Would be a distributee or permissible distributee of trust income or principal if the interests of the distributees described in subdivision (a) of this paragraph terminated on that date. Would be a distributee or permissible distributee of trust income or principal if the trust terminated on that date.


Qualified custodian

A person who fulfills the requirements of Arizona Revised Statutes, Section 14-2520.

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