Beach Bum Trust Provision Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Beach Bum Trust Provision, written in plain English, along with examples of how it is used.

What is Beach Bum Trust Provision?

(n) Beach Burn Trust Provision is the provisions included in trust deeds which limits the monitory benefits to the beneficiaries to the extend of profits or gains earned by him. This provision is used to benefit the beneficiaries of the trust proportional to their performance