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Anyone with insurable interest can be a beneficiary. This means that anyone standing to lose something of monetary value upon your death. This would include people you owe money to, your spouse who would lose your income, or someone that you would need to pay funeral expenses for.
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∙ 13y ago
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Is the word beneficiaries a plural noun?
The plural form for the noun beneficiary is beneficiaries; the plural possessive form is beneficiaries'.
What is the responsibility of a executor of a will to the beneficiaries when a will is contested and what is the right of the beneficiaries to interface with the attorney appointed to defend the will?
The beneficiaries are not entitled to talk to the attorney, their attorney should do that.
What is the possessive form of taxpayers and beneficiaries?
The possessive form of the plural noun taxpayers is taxpayers'.The possessive form of the plural noun beneficiaries is beneficiaries'.
What is a sentence using the word beneficiary?
Beneficiaries are those who benefit. Here are some sentences.The beneficiaries of his will were happy with what he left them.We are all beneficiaries when people take care of the earth.That law will have many beneficiaries.
What is the possessive of beneficiary?
The possessive form for the noun beneficiary is beneficiary's.
What happens when a trust has 100 beneficiaries?
The trust gets divided into 100 equal parts and given to the beneficiaries.
How do you chose the beneficiaries to your life cover plan?
To choose the beneficiaries to your life cover plan you need to consider who you want to benefit in the event of your death. Most people choose their spouse and children as their beneficiaries.
What is the abbreviation of beneficiaries?
BNF
Can a life insurance policy have more than 1 beneficiary?
Yes, you can have multiple primary beneficiaries, and contingent beneficiaries.
Does an executor to a will in NY have to update beneficiaries on regular basis?
Yes, there is typically an annual reporting requirement to the court and beneficiaries.
What can beneficiaries do if executor assumes ownership of property and leaves out coexecutor and other beneficiaries?
The executor IS the owner of the property, for the purpose of probate.
Do the beneficiaries of a trust have a say as to what happens in the trust?
That will depend on how the trust is written. In most cases the beneficiaries have no say in how the trust is distributed.
