Results for: Beneficiary

Who is a beneficiary?

Answer . A beneficiary is the person who receives the benefit (usually money) from an insurance policy or a trust.
In Estates

What if the beneficiary is deceased?

Different states have different laws regarding this, so it is best to check with a local attorney regarding this situation. However, that issue may be covered in the will. The (MORE)
In Estates

What is a beneficiary of a will?

When writing a will , a beneficiary is simply a person who benefits under the will of a person, it could be a spouse, any family member or anybody else

Are you a beneficiary?

My name is Rodney e Chester and in 2009 or early 2010 I was made beneficiary of a policy by my grandfather Ben E Butler SSN 404-42-1347. He had me sign a document that needed (MORE)
In Estates

Can a witness be a beneficiary?

The maker of a will should take every precaution so as to make the will not vulnerable to challenges. The witnesses should not be related to you, and should not be a benefici (MORE)

What is a deceased beneficiary?

A 'deceased beneficiary' is the beneficiary of a life insurance policy or a 'payable on death' bank account who predeceased the insured or the account owner. A 'deceased b (MORE)

Who can be your beneficiaries?

Anyone with insurable interest can be a beneficiary. This means that anyone standing to lose something of monetary value upon your death. This would include people you owe mon (MORE)