Beneficiary

A person who benefits from a trust, will, or life insurance policy. This includes heir, heiress, inheritor, legatee, recipient, receiver, payee, assignee, devisee, grantee or other terms for someone that is benefitting from the estate or assets of the person who passed away.

Words commonly used with this term include:

James F. Roberts
Founder and owner of the Law Office of James F. Roberts and Associates, a premiere estate planning law firm