Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy.Court: means a court having jurisdiction over trust matters.Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.Beneficiary: has the meaning set forth in IC 30-2-14-2.Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract.Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.Annuity payments are made at regular intervals over a period of more than one full year. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years.
Adult: means any person eighteen (18) years of age or older.
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