Artificial intelligence (AI, also machine intelligence, MI) is intelligence demonstrated by machines, in contrast to the natural intelligence (NI) displayed by humans and other animals. In computer science AI research is defined as the study of intelligent agents: any device that perceives its environment and takes actions that maximize its chance of successfully achieving its goals.
What is a 'Beneficial Owner'. A beneficial owner is a person who enjoys the benefits of ownership even though title to some form of property is in another name.
Irrevocable Trust. A grantor establishes a trust on behalf of a beneficiary by placing property into a trust. A trustee is named to administer the trust and holds the property on behalf of the beneficiary. Property placed into a trust must be retitled and redeeded in the name of the trust.When you place property in an irrevocable trust, you cannot end the trust or take your property back.In contrast, you can undo a revocable trust during your lifetime. grantor establishes a trust on behalf of a beneficiary by placing property into a trust. A trustee is named to administer the trust and holds the property on behalf of the beneficiary. Property placed into a trust must be retitled and redeeded in the name of the trust.