Beneficiary - Law Dictionary Search Results
simultaneous death act
decedent is considered to have survived the other, and an insured individual is considered to have survived a beneficiary.
rule against perpetuities
a life in being or lives in being plus 21 years plus the period of gestation of any beneficiary conceived but not yet born compare life in being, statutory rule against perpetuities, wait and see
stipulator
the promisee in a stipulation pour autrui who bargains for and receives the promise that benefits the third-party beneficiary
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owner
[was considered the beneficial owner of stock held by her minor children] equitable owner : one (as a beneficiary of a trust) who is considered to have rights or obligations of an owner regardless of legal title
life insurance
life insurance : insurance providing for the payment of money to a designated beneficiary upon the death of the insured see also endowment insurance ordinary life insurance : whole life insurance in
intended
intended : specifically planned or contemplated [an injury] [ uses] [the beneficiary]
heir
intestacy, unworthy compare ancestor, devisee, legatee, next of kin, successor apparent heir : heir apparent in this entry beneficiary heir in the civil law of Louisiana : an heir who exercises the benefit of inventory which limits
Cross-remainders
amongst themselves. The effect of the limitation is tht on the death of any of the class of beneficiaries entitled to cross remainders intail, then upon failure of his or her issue, his or her share and
Voluntary conveyance
and was paid or transferred within three months after coming into possession or control of the settlor. The beneficiaries under either (2) or (3) may claim for dividend after the creditors have been satisfied. See also s.
Settled land
to 1890, subject to safeguards provided by the Acts for the protection of the estate and the other beneficiaries under the settlement, and these powers have been reproduced and extended by the Act of 1925 (see Parts
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