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Legal Definitions - cestui que use
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Definition of cestui que use
cestui que use
An old-fashioned term for a person who benefits from assets held in a trust for the beneficiary's use. The term "beneficiary" is now used instead.
Archaic. The person for whose use and benefit property is being held by another, who holds the legal title to the property.
Example 1: John created a trust for the benefit of his daughter, Mary. Mary is the cestui que use of the trust.
Example 2: In the 18th century, cestui que use was a commonly used term in English law to refer to the beneficiary of a trust.
The term cestui que use is an old-fashioned term that was commonly used in English law to refer to the beneficiary of a trust. It refers to the person who benefits from assets held in a trust for their use and benefit. The term is now considered archaic, and the term "beneficiary" is used instead. The examples illustrate how the term was used in the past and how it is no longer commonly used today.
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Simple Definition
Cestui que use: A fancy way of saying someone who benefits from something that is being held in trust for them. It's an old-fashioned term that we don't really use anymore. We just call them beneficiaries now.
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