Beneficiary


Definition of "Beneficiary"

Barbara Golightly
Barbara Golightly Island Blue Properties

Individual who will receive an inheritance upon the death of another. The proceeds of an insurance policy may be in a lump sum annuity. Real estate also passes to the beneficiary.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Benchmark Surplus

Additional amount of surplus from an additional amount of capital necessary to act as a supplement to the cash flow in the event unforeseen contingenc ...

Buy-and-sell Agreement

Approach used for sole proprietorships, partnerships, and close corporations in which the business interests of a deceased or disabled proprietor, par ...

Qualified Personal Residence Trust (qprt)

Trust instrument that permits the owner of a residence (grantor) to transfer ownership of that residence with the grantor still being allowed to stay ...

Group Life Insurance

Basic employee benefit under which an employer buys a master policy and issues certificates to employees denoting participation in the plan. Group lif ...

Rollover And Withholding Rules For Qualified Plan Distributions

Rules stating that every administrator of a qualified pension plan, profit sharing plan, section 401 (K) plan salary reduction plan), section 403(b) p ...

Return Of Cash Value Clause

Provision in a life insurance policy that if an insured dies within a given period of time, the beneficiary receives the face value of the policy plus ...

Popular Real Estate FAQ

What Do I Need To Know About Whole Life Insurance?

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death, as well as cash value savings you can use during ...

What Is An Easement?

An easement is the right given by the landowner to use the property. ...

What Is A Buildable Acre?

A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after excluding present and future rights-of-way, restrict ...

What Is A Title?

A title is the right of property ownership. ...

How Can I Figure Out My Debt-to-income Ratio?

To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of the figure. Most lenders use the ratio 28/36. The ...

What Is A VA Loan?

A VA loan is a type of loan available to veterans and guaranteed by the Department of Veterans\' Affairs. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Luxury Real Estate Forecast Furnished Rental Tips for Real Estate Investors How to Buy a House Quickly What is a Credit Score and How Does it Impact Real Estate? The Ugly Truth About Open Houses

FAQ

What is a mortgage banker? What is Long Term Care Insurance? What is an appreciation? What is a lease purchase mortgage? What do I need to know about Whole Life Insurance?