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Benefactor (law)

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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