Beneficiary - A person or entity named in a will or financial contract as the inheritor of property when the property owner dies.
The person who is or will be the ultimate recipient of a benefit. Examples could be someone named to receive a legacy under a Will or an individual nominated to receive benefit from a trust fund.
A person who benefits from a trust set up on his/her behalfAnyone who benefits from the proceeds of a willA person who benefits from the proceeds of a life insurance policyIn short, anyone who stands to benefit from a contractual or fiduciary relationship.
Beneficiary : a person or entity named in a will or financial contract as the inheritor of property when the property owner dies.
the person who is or will be the ultimate recipient of a benefit. examples could be someone named to receive a legacy under a will or an individual nominated to receive benefit from a trust fund.
a person who benefits from a trust set up on his/her behalfanyone who benefits from the proceeds of a willa person who benefits from the proceeds of a life insurance policyin short, anyone who stands to benefit from a contractual or fiduciary relationship.
Beneficiary