Meaning Alternate Beneficiary
What does Alternate Beneficiary mean? Here you find 2 meanings of the word Alternate Beneficiary. You can also add a definition of Alternate Beneficiary yourself

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Alternate Beneficiary


Person or organization named to receive your assets if the primary beneficiaries named in your Trust die before you do.
Source: estateplanning.com

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Alternate Beneficiary


A person, organization, or institution that receives property through a will, trust, or insurance policy when the first named beneficiary is unable or refuses to take the property. For example, in his [..]
Source: nolo.com




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