Beneficiary
Legal Concept
James Moore: These tariffs need kicking into touch...precedent. It's also debatable whether the measures - brought in on the grounds of preventing cut-price dumping - did anything to protect shoemakers in Italy, Portugal, Poland and Spain, which were supposedly the beneficiaries. Most of them... In this article: Beneficiary, Primark, EU, Gucci, Vietnam, Poland, Italy, Portugal, and Spain |
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Telegraph.co.uk - Your Money | November 04, 2009
Russian shares are cheap again
...allowed consumers to continue spending and support the economy. Poland and the Czech Republic are also net beneficiaries of EU funding that aims to improve infrastructure. In Poland for example these transfers are worth around 3pc of GDP...
In this article: EU, Poland, Eastern Europe, Turkey, Europe, Russia, Democracy, and Tax
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Milwaukee Journal Sentinel | October 31, 2009
Their prodigal neighbor
...Journal Sentinel Posted: Oct. 31, 2009 11:57 p.m. One beneficiary of Brett and Deanna Favre's tenure in Green Bay was Trystan Willems-Wagner, 13, here with his mother, Rhonda Wagner. Trystan, who has cerebral palsy, plays baseball in the...
In this article: Brett Favre, Deanna Favre, Packers, Green Bay, Minnesota Vikings, and Lambeau Field
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Sunday Mirror | November 01, 2009
Foreign kids get UK cash
...be costing taxpayers around GBP24million. Treasury minister Stephen Timms told the Commons 50,586 children outside the UK are named beneficiaries of the entitlements for people working in Britain. The figures include 37,941 children who...
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UK's payments to EU jump by 60 per cent
...Party, took the total Eurosceptic vote to more than 26 per cent. After Germany and the UK, the biggest net contributors to the EU budget are the Netherlands, France and Italy. The biggest net beneficiaries are Greece, Poland and Spain.
In this article: European Union, Britain, Tony Blair, Labour, Gordon Brown, Brussels, and Recession
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News at Nature - Articles published Today | March 18, 2009
Europe's green billions
...of the union, economically and environmentally. The largest beneficiaries will be Poland (EUR18 billion), Spain (EUR12 billion), the Czech Republic (EUR11 billion) and Hungary (EUR9 billion). Money from the regional funds could, for example,...
In this article: European Union, Europe, Carbon, Brussels, Sequestration, Goods and services, Waste, and Claudia Kemfert
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Wikipedia | October 11, 2009
Drang nach Osten
...War II. The massive expulsion of German populations east of the Oder-Neisse line in 1945-48 on the basis of decisions of the Potsdam Conference were later justified by their beneficiaries as a rollback of the Drang nach Osten. Historical...
In this article: Poland, World War II, Julian Klaczko, Germany, and Austria
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Northern Ireland could benefit if Poland are forced by Fifa to forfeit games
...confirmed. Last Updated: 2:02PM BST 02 Oct 2008 Benefits: Nigel Worthington's Northern Ireland team would be beneficiaries if Poland are ordered to forfeit their World Cup qualifiers. Photo: PA Poland, who are in the same group as...
In this article: FIFA, Poland, Northern Ireland, FIFA World Cup, Nigel Worthington, Warsaw, and Slovakia
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Emmy Goring
...World War II. Her husband owned mansions and estates and castles in Austria, Germany and Poland and was a major beneficiary of the Nazis' confiscation of art and wealth from Jews and others deemed enemies by the Nazi regime. The birth of her...
In this article: Emmy Goring, Hermann Goring, World War II, Berlin, Mephisto, and Klaus Mann
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TIME: The Page | September 10, 2008
Obama on Foreign Policy: I am Not Going to Change Anything With a Magic Wand
...Iraq to send a signal to the world. " Says the Europeans can help apply leverage with Russia, Iran has been one of the main beneficiaries of the Iraq war, the missile shield with Poland is appropriate. More excerpts here. Sign up for the...
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Description from Wikipedia:
A beneficiary (also, in trust law, referred to as the cestui que use) in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example: The beneficiary of a life insurance policy, is the person who receives the payment of the amount of insurance after the death of the insured. The beneficiaries of a trust are the persons with equitable ownership of the trust assets, although legal title is held by the trustee. The term can also be described as an "inheritance" used in the context for the party (heir or heiress) receiving the property related thereto. 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.
Most beneficiaries, may be designed to designate where the assets will go once the owner(s) ceases to exist. However, if the primary beneficiary or beneficiaries are not alive or do not qualify under the restrictions, then the assets will probably pass to the contingent beneficiaries. Other restrictions such as being married or more creative ones can be used by a benefactor to attempt to control the behavior of the beneficiaries. Some situations such as retirement accounts do not allow any restrictions beyond death of the primary beneficiaries, but trusts allow any restrictions that are not illegal or for an illegal purpose.
The concept of a "beneficiary" will also frequently figure in contracts other than insurance policies. A third party beneficiary of a contract is a person who, although not a party to the contract, the parties intend will benefit from its provisions. A software distributor, for example, may seek provisions protecting its customers from infringement claims. A software licensor may include provisions in its agreements which protect those who provided code to that licensor.
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