beneficial interest

Beneficial interest refers to a person’s right to enjoy the benefits of property or assets, even if they are not the legal owner on paper. For example, someone may hold a property in someone else’s name but still have a right to use, benefit from, or profit from it. This concept often arises in trusts, estate planning, or financial arrangements, where the beneficial owner benefits from the asset’s value or income without holding the formal title. Essentially, beneficial interest emphasizes the real economic or beneficial entitlement to a property or asset.