Business Terms and Jargon Explained

What is Contingent Beneficiaries

When making a Last Will and Testament, there is a situation where one or more of the beneficiaries die before you do. When this happens, you can change your will or you could have put a contingent beneficiary just in case. Example you put in your will that you want your mother to be the guardian of your children when you die or failing her, you would like your brother Trevor Sanders to be your children’s guardian.

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Altcoin Vexatious Litigant e-company
Cestui que trust Faucet Patch
Uxor NVR Beneficial Owner
Advertising Standards Authority Equity Warranties
SSL - Secure Sockets Layer Entitled Vessel Ex post facto
Locked box Trial contents European Council
To arraign Brainstorm Pessimist
Take Out Employees Per diem
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Underwrite CMS Bancassurance
House Organ Buy back In terrorem
Tax Treaty Grey market Perquisite (perk)
Bona fide Amortisation Proof of Concept

Term created / updated 2013-06-24 10:00:10

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