Benefactor (law): Difference between revisions
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A [[benefactor]] is a person or other entity providing [money] or other [[benefit]]s to another; the person receiving them is called a [[beneficiary]]. |
A [[benefactor]] is a person or other entity providing [money] or other [[benefit]]s to another; the person receiving them is called a [[beneficiary]]. |
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Benefactors come in many forms such as an alumnus from a university giving back to their college or individuals providing scholarships to others.<ref>[http://www.onlineloanofficers.com/Terms/benefactor.html "Definition - Benefactor"], OLO Definitions</ref> |
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By passing on items through death, a deceased is considered a benefactor. Whether they are passing on an IRA<ref>[http://www.forbes.com/2000/03/18/feat.html "Passing on an IRA"], Forbes</ref> or a will. |
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[[Category:Law]] |
[[Category:Law]] |
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[[Category:Personal finance]] |
[[Category:Personal finance]] |
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==References== |
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Revision as of 07:14, 14 October 2006
- This page is about the legal term. For the computer game, see Benefactor (computer game).
A benefactor is a person or other entity providing [money] or other benefits to another; the person receiving them is called a beneficiary.
Benefactors come in many forms such as an alumnus from a university giving back to their college or individuals providing scholarships to others.[1]
By passing on items through death, a deceased is considered a benefactor. Whether they are passing on an IRA[2] or a will.
References
- ^ "Definition - Benefactor", OLO Definitions
- ^ "Passing on an IRA", Forbes
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