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thank you, come again!
Froogle 1.1.1.7
Froogled By:
Elias Makere, FSA, MAAA
Last Froogled:

BENEFICIARY

1. a person who is set to receive the proceeds/benefits of an insurance policy

2. a person who is set to receive property that was designated in a will

3. a person for whose benefit property is held in trust

4. a person to whom another is in a fiduciary relation – whether the relation is one of agency; trust; guardianship; partnership; or otherwise.
INCIDENTAL BENEFICIARY
a person who may incidentally benefit from the creation of a trust. Such a person has no actual interest in the trust and cannot enforce any right to such incidental benefit.
Congratulations! You're now Froogled Up™ on what "Beneficiary" means!

Feel free to use it throughout your financial/insurance life.

Sincerely,



www.FroogleMe.com
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