Legal   A handy legal reference for laypersons to decipher lawyer jargon.

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what is...
BENEFICIARY
Someone named to receive property or benefits in a will. In a trust, a person who is to receive benefits from the trust.
ALSO SEE: SPRINKLING TRUST, INHERITANCE TAX, ESTATE, TRUST

The information provided herein is not intended to be legal advice, but merely conveys general information related to legal issues commonly encountered.

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