Cestui Que

Cestui Que

[French, He or she who.] The person for whom a benefit exists.

A cestui que trust is a person for whose benefit a trust is created; a beneficiary. Although legal title of the trust is vested in the trustee, the cestui que trust is the beneficiary who is entitled to all benefits from a trust.

A cestui que use is an archaic term of Property Law that describes one who has a beneficial interest in land held by someone else. Title and possession as well as the duty to defend the land is held by another, but the cestui que use has the right to rents, profits, and other benefits from the land.

A cestui que vie is the person whose life is used to measure various things, such as the duration of a trust, a gift, or an insurance contract. It can also be used to mean the person upon whose life a policy of life insurance is drawn.

References in periodicals archive ?
Autrement dit, la vie assuree, ou cestui que vie, exerce un controle sur la naissance du contrat, mais n'a aucun controle sur la fin du contrat.
In other words, the life insured, or cestui que vie, exercises control over the creation of the contract, but has no control over its termination.
Dans les deux cas, la personne dont la vie est assuree, le cestui que vie (6), peut-elle mettre fin a la police d'assurance?
Cestui que vie se trouve donc dans un vide juridique cree par la Loi.
Nous chercherons a demontrer ici que le probleme de cestui que vie ne se limite pas a son regard personnel sur la situation.
Deuxiemement, nous presenterons la tension qui existe entre les interets de cestui que vie et ceux des parties au contrat d'assurance-vie.
Avant 1774, date a laquelle Wesmainster adopte la Life Assurance Act (8), les societes d'assurance anglaises (9) acceptaient de garantir des contrats d'assurance-vie dont cestui que vie ne presentait aucun interet assurable pour le detenteur de la police.
D'abord, le probleme moral qui surgit lorsque l'interet assurable s'eteint: que l'assure profite de la mort de cestui que vie.
Par exemple, prenons le cas de figure d'une personne connue, disons, un politicien hai, qui deviendrait cestui que vie de milliers de polices d'assurance detenues par des inconnus qui attendraient son assassinat probable.
Mais la Loi ouvre tout de meme une breche, car elle tolere qu'une police d'assurance-vie soit signee en l'absence d'interet si cestui que vie donne son consentement.
In addition to stressing God and conscience, Ellesmere also invokes "proportionable Satisfaction" and the reciprocity of benefit and recompense, in the later instance employing an example from trust law: "as if Cestui que use, sell the Land to one that hath no Notice of the Use, and dieth; by Reason that he had the Benefit of the Sale, his Executors were ordered to answer the Value of the Land out of his Estate.
Therefore, the fiduciary is liable under principles of equity law for making whole its cestui que trust, in this case Holocaust survivors.