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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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JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
Dkk
9:16
@renard99: Poetic and nice.
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