A beneficiary is a person or institution who receives benefits from a trust, will, or life insurance policy. For example, when parents set up trust funds for their children, the children are the beneficiaries.
Tags: beneficiary, trusts
A beneficiary is a person or institution who receives benefits from a trust, will, or life insurance policy. For example, when parents set up trust funds for their children, the children are the beneficiaries.
Tags: beneficiary, trusts