In jurisprudence, a natural person is a human being perceptible through the senses and subject to physical laws, as opposed to an artificial or juristic person, i.e., an organization that the law treats for some purposes as if it were a person distinct from its members or owner. For the jurisprudence of courts, see Case law. ... A juristic person is a legal fiction through which the law allows a group of natural persons to act as if it were a single composite individual for certain purposes. ... For other uses, see Person (disambiguation). ...
For example, such legal provisions as Amendment XIX to the United States Constitution, which guarantees a woman's right to vote, apply to natural persons only. In many cases fundamental human rights are implicitly granted only to natural persons; for example a corporation cannot hold public office, but it can file a lawsuit. Amendment XIX in the National Archives Amendment XIX (the Nineteenth Amendment) allowed women the right to vote under official constitutional protection. ... Wikisource has original text related to this article: The United States Constitution The United States Constitution is the supreme law of the United States of America. ... Human rights are rights which some hold to be inalienable and belonging to all humans. ... It has been suggested that civil trial be merged into this article or section. ...
naturalperson.com - is Canada's leading website, educating individuals about the limited constitutional jurisdiction and legislative authority of the Canadian Income Tax Act and how it relates to their fundamental right to structure their affairs to fall outside the scope of this and other taxing Acts.
The exception to the non-natural person rule states that an annuity contract held by a trust or other entity as an agent for a naturalperson is considered to be held by a naturalperson.
This history states that an annuity contract will be considered to be held by a naturalperson if the nominal owner is not a naturalperson (such as a corporation or a trust) but the beneficial owner of the annuity contract is a naturalperson.
This particular letter ruling involved a fact situation in which the same individual (a naturalperson) was the sole life beneficiary of the trust and the sole annuitant under the annuity contract.
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