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We found 2 dictionaries that define the word Interest in possession trust:

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  1. Interest in possession trust, Interest in possession trust: Wikipedia, the Free Encyclopedia

Definitions from Wikipedia (Interest in possession trust)

noun:  An interest in possession trust is a trust in which at least one beneficiary has the right to receive the income generated by the trust (if trust funds are invested) or the right to enjoy the trust assets for the present time in another way.


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