Will Bed
I should have mentionned, LEGAL definitions. LEGAL is SURETY and ACCOUNTING.
Beneficiary A broad definition for any person or entity (like a charity) who is to receive assets or profits from an estate, a trust, an insurance policy or any instrument in which there is distribution.
Creditor An individual to whom an obligation is owed because he or she has given something of value in exchange.
So... Who's creditor of value in all of this, Cedar Pine, and who's to benefit ?