beneficiary in a sentence
a.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Beneficiary: a person or entity designated to receive benefits, assets, or funds from a trust, will, or insurance policy.
Sample Sentences
- The beneficiary of the trust will receive the funds when they turn twenty-five.
- She was named the sole beneficiary in her grandmother's will.
- As a beneficiary, he had the right to access the life insurance proceeds.
- The charity will serve as the beneficiary of the fundraising event.
- After her passing, the estate's beneficiaries gathered to discuss the inheritance.
- It is important to update your beneficiary information as life circumstances change.
- The court appointed a financial advisor to help the beneficiary manage the assets.
- Being a beneficiary can sometimes lead to complicated legal disputes.
- He was surprised to learn he was the beneficiary of a large estate.
- The organization worked hard to ensure every beneficiary received the support they needed.
- The beneficiary of the trust will receive their inheritance upon turning twenty-five.
- Many charitable organizations rely on generous donors to serve as beneficiaries for their programs.
- He felt a deep sense of responsibility as the beneficiary of his late father's estate.
- As a beneficiary, you have the right to request information regarding the trust's assets.
- The insurance policy named his children as the primary beneficiaries.
- After the accident, she found herself unexpectedly becoming the beneficiary of a significant settlement.
- The non-profit organization was thrilled to be the beneficiary of a large grant.
- Determining the rightful beneficiary can sometimes lead to family disputes.
- As a beneficiary, it is important to understand the terms and conditions of the trust.