Difference between revisions of "Beneficiary"

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A '''beneficiary''' is someone named to receive property or benefits in a [[will]]. In a [[trust]], a person who is to receive benefits from the trust. [[category:legal terms]]
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A '''beneficiary''' is someone named to receive property or benefits in a [[will]]. In a [[trust]], a person who is to receive benefits from the trust. [[Category:Legal Terms]]

Revision as of 18:23, April 23, 2008

A beneficiary is someone named to receive property or benefits in a will. In a trust, a person who is to receive benefits from the trust.