Word Finder - beneficiaries

definition

One who benefits or receives an advantage.

example

You are the lucky beneficiary of this special offer.

definition

One who benefits from the distribution, especially of an estate.

example

If any beneficiary does not survive the Settlor for a period of 30 days then the Trustee shall distribute that beneficiary’s share to the surviving beneficiaries by right of representation.

definition

One who benefits from the payout of an insurance policy.

Its main beneficiaries are large agribusinesses, not small scale farmers.

Many of the faithful founded abbeys and churches on condition that the right of patronage, that is the choice of beneficiaries, should be reserved to them and their heirs.

Always. We sell our liquors and also are the beneficiaries of various immortals.

The Smith Charities is a peculiar institution, endowed by Oliver Smith (1766-1845) of Hatfield, who left an estate valued at $370,000, to be administered by a board of three trustees, chosen by electors representing the towns of Northampton, Hadley, Hatfield, Amherst and Williamsburg in Hampshire county and Greenfield and Whately in Franklin county - the beneficiaries of the will.

It will allow the grantor to make provision for beneficiaries with complete confidentiality.

And how many advisers are truly independent and original in their advice - rather than merely the beneficiaries of government patronage?

La Boheme ran itself into the ground because of bitter infighting among beneficiaries and a lack of knowledge and expertise about farming.

As ever, the prime beneficiaries of state largesse would appear to be the middle classes.

Some of our Phase III beneficiaries have not pained their houses after being supply with paints.

This usually happens where one of the beneficiaries is a child and cannot give a valid receipt to the PRs.

Currently, a trust settlor can set up a trust and need not make the beneficiaries aware of its existence.

In larger charities trusteeship may imply that the individual concerned is a person who can properly be trusted with vulnerable beneficiaries.

The beneficiaries are the only ones entitled to bring legal action against the Trustee, not the Settlor in this case.

These landowners are the beneficiaries of massive subsidies through the Common Agricultural Policy of the EU.

The beneficiaries of this training should be selected in a transparent manner.

Examples of beneficiaries include Shriners, National Geographic, Onecause, American Paint Horse Association, Best Friends Animal Sanctuary, and the American Kennel Club.

Because it cancels a debt, the Internal Revenue Service (IRS) may view beneficiaries of the SafetyNet program as receiving income.

They may file joint tax returns, designate each other as insurance beneficiaries, refer to each other as husband or wife in public and commingle their assets.

No matter which way you go about writing a will, the document needs to be witnessed and signed by two individuals who are not beneficiaries of the will itself.

Before assets can be distributed to the beneficiaries under the provisions of the will, the deceased's debts must be paid out of the estate.

They pass directly to those people named as beneficiaries immediately without having to wait for an extended period for the probate process to be completed.

For example, some beneficiaries may be given control over their portion of the trust with no restrictions.

This clause is also useful to protect the trust from claims made against it if one of the beneficiaries is going through a divorce.

This is a document that shares memorable experiences, what kinds of things in your life have shaped your values, and how you would like to see your beneficiaries use their inheritance.

In addition, many Part C insurance plans provide additional benefits to their beneficiaries.

Medicare beneficiaries pay a monthly premium for Part D and the coverage is provided by private companies that Medicare has approved.

Nationwide there are more than forty Medicare approved health insurance plans, Medigap plans and Medicare supplemental insurance providers that provide membership as part of the Medicare beneficiaries insurance coverage.

The Foundation treats their grantees as valued partners, and they treat the ultimate beneficiaries of their work with respect.

You can present a dollar amount of how much you need to earn to meet your current needs, or share what exactly a donating party will be contributing to, including statistics or testimonies/quotes from past beneficiaries.

A permanent life insurance policy, more often known as a whole life insurance policy, is guaranteed to pay your beneficiaries a life insurance settlement in the event of your death.

This coverage is available for all Medicare beneficiaries to help cover the costs of prescription medicine, both generic and name-brand.

Since 1987, Medicare beneficiaries can choose to have their plan administered by a private health insurance company.

With this insurance product, your beneficiaries receive limited benefits for two years after your death.

These benefits can help to provide the financial support your beneficiaries need following your death.

TriCare Prime beneficiaries, however, must be sure to notify their local TriCare office as soon as possible if emergency room care was needed.

United Concordia manages dental insurance for millions of people, and military beneficiaries are only a portion of the vast network of beneficiaries they serve.

Policy holders actually own the policy and are responsible for deciding who the beneficiaries are.

The person insured is the one whose life the policy covers, while the beneficiary or beneficiaries are the people who receive income when the insured person dies from causes covered under the policy.

Your beneficiaries can only collect on term insurance if you die before the policy expires.

Also called the Medicare Advantage Plan, Medicare Part C is designed to enable private health insurance companies to offer health coverage to Medicare beneficiaries.

Medicare pays for most - but not all - the costs of its beneficiaries' healthcare.

Like the universal life policy, beneficiaries may receive either the predetermined lump sum or the lump sum along with the cash value of the investment account.

Tricare for Life (TFL) is available at no cost to Tricare beneficiaries who have Medicare A and B coverage.

Whenever a relative passes away and there are no clear beneficiaries, or no one is aware of the intentions of the deceased, a situation arises that could result in unclaimed life insurance.

The odds are good that if the life insurance policy was with them, they may be trying hard to track beneficiaries down as well.

If the insurance company learns that the insured passed away, the company then tries to locate beneficiaries.

In any case, if it's a permanent life policy, the odds are good that beneficiaries will receive the benefit.

If you purchase a life insurance product, be sure that a few people in your immediate family know where to look for the information so that the beneficiaries you intend to leave money to actually receive those funds.

If you die before the term is over, your beneficiaries receive payment of the value of the policy.

If you live beyond the term of the policy, you are no longer insured by the policy and your beneficiaries receive no payout upon your death.