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Topic: Beneficiary


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In the News (Mon 16 Nov 09)

  
  Beneficiary - Voyager, the free encyclopedia   (Site not responding. Last check: 2007-10-31)
The beneficiaries of a trust are the persons with equitable ownership of the trust assets, although legal title is held by the trustee.
Beneficiaries in other contexts are known by other names: for example, the beneficiaries of a will are called devisees or legatees according to local custom.
A series of beneficiaries may be designated in many cases to designate where the assets will go if the primary beneficiary or beneficiaries are not alive or do not qualify under the restrictions in the given contract or legal instrument.
www.voyager.in /Beneficiary   (305 words)

  
 Insurance - Wikipedia, the free encyclopedia
The protection offered by a liability insurance policy is two-fold: a legal defense in the event of a lawsuit commenced against the policyholder, plus indemnification (payment on behalf of the insured) with respect to a settlement or court verdict.
Life insurance provides a cash benefit to a decedent's family or other designated beneficiary, and may specifically provide for burial, funeral and other final expenses.
Annuities provide a stream of payments and are generally classified as insurance because they are issued by insurance companies and regulated as insurance.
en.wikipedia.org /wiki/Insurance   (7045 words)

  
 CATHOLIC ENCYCLOPEDIA: Benefice
The beneficiary system plays an important part in the discipline of the evangelical churches on the continent of Europe, and of the State church of England.
Nevertheless a bishop may for good reasons and with the consent of his chapter proceed to suppression, and at times such action is rendered necessary by a considerable depreciation in the value of the beneficiary property or by the departure of the population to whose spiritual needs the benefice was intended to minister.
In such cases the practice is not to consent to absolute suppression, at least of the religious service depending on the benefice, but simply to the exoneration of the patron and his renunciation of the jus patronatus.
www.newadvent.org /cathen/02473c.htm   (3212 words)

  
 Walt Disney World Resort - Mickeypedia: The Disney Encyclopedia!   (Site not responding. Last check: 2007-10-31)
The laws forming the District and the two Cities was signed into law on May 12, 1967.
The Florida Supreme Court ruled in 1968 that the District was allowed to issue tax-exempt bonds for public projects within the district, despite the sole beneficiary being The Walt Disney Company.
Construction of drainage canals was soon begun by the Improvement District, and Disney built the first roads and the Magic Kingdom.
www.mickeypedia.com /articles/Disney/Walt_Disney_World_Resort.html   (1884 words)

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