Jul 14, 2025 · What Is a Beneficiary? A beneficiary is an individual designated to receive the belongings or assets of another person after that person's death.

Nov 20, 2025 · What is a beneficiary? A beneficiary is any person or organization designated to inherit assets when someone dies. Trusts, estates, wills, and life insurance policies all have beneficiaries — …

A beneficiary is a person or entity you designate to inherit your assets upon your passing, including retirement accounts, brokerage accounts, insurance policy proceeds, and even a house. Beneficiary …

5 days ago · A beneficiary is a person or entity that receives a “benefit,” which is money or property from a deceased person’s estate. Beneficiaries can be any person or organization, or even a trust.

: a beneficiary that may receive proceeds from a trust depending on the occurrence of a specified event (as the death of another beneficiary)

Key Points A beneficiary will inherit your designated assets upon your death. Having a beneficiary helps avoid the potentially costly and time-consuming probate process. Take the time to update your …

Setting up your Estate Plan and wondering “what is a beneficiary?” We answer that question and more in our comprehensive guide to beneficiaries.

Jun 5, 2025 · A beneficiary is someone who receives proceeds or benefits from something. In the insurance area, people commonly use the term beneficiary to refer to the recipient of life insurance …

A beneficiary in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example, the beneficiary of a life insurance policy is the person who …

A beneficiary is someone who receives a financial asset that was once owned by someone else. Choosing beneficiaries helps ensure that your assets go to the right people once you pass on.