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LSDefine

Simple English definitions for legal terms

direct beneficiary

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A quick definition of direct beneficiary:

A direct beneficiary is a person who is intended to receive something as a result of a legal arrangement or instrument, such as a will or insurance policy. They are the person for whose benefit property is held in trust or who is designated to benefit from an appointment, disposition, or assignment. A direct beneficiary has the ability to enforce the contract and acquire rights under the contract once those rights have vested. They are different from an incidental beneficiary, who is not intended to benefit from a contract and does not acquire rights under the contract.

A more thorough explanation:

A direct beneficiary is a person who is intended to benefit from a legal arrangement or instrument, such as a will or insurance policy. They are the ones who receive the property or assets that are held in trust for their benefit.

  • John's father left him a life insurance policy with John's wife as the direct beneficiary. If John were to pass away, his wife would receive the proceeds from the policy.
  • When Sarah created a trust, she named her daughter as the direct beneficiary. Her daughter would receive the income from the trust during her lifetime.

These examples illustrate how a direct beneficiary is someone who is specifically named to receive the benefits of a legal arrangement or instrument. They are the primary recipients of the property or assets that are held in trust for their benefit.

direct attack | direct cause

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9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
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