Immediate Beneficiary

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Definition of 'Immediate Beneficiary'

A beneficiary designation most commonly used in charitable gift planning to describe which parties get an immediate benefit from a transaction. The most basic type of immediate beneficiary would be a charity that receives an outright gift from a donor. More generally, the term "immediate beneficiary" can also refer to any individual or organization that receives immediate benefits from a trust's assets.
 
Investopedia Says

Investopedia explains 'Immediate Beneficiary'

Charitable giving strategies have come a long way in recent decades from simply donating property now or at the time of your death. Many philanthropic individuals now use charitable trusts that name the charity as the immediate beneficiary of either the original property or the income from that property. At the grantor's death, the property then may permanently transfer to the charity or back to the individual’s heirs.

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Search results for

'Immediate Beneficiary'

  • An Estate Planning Must: Update Your Beneficiaries

    http://www.investopedia.com/articles/retirement/03/031803.asp?partner=aol-d
    ... Be sure to seek competent professional advice regarding your beneficiary
    designations. ... Immediate Annuities: Guaranteed Payout At A Price? ...

  • Refusing An Inheritance

    http://www.investopedia.com/articles/06/RefuseInheritance.asp
    ... will reduce the size of the deceased's estate and eliminate the immediate estate
    tax. ... It enables the beneficiary to refuse to accept part or all of the assets ...

  • Selecting And Managing Insurance Payouts

    http://www.investopedia.com/articles/pf/08/insurance-payout-selection.asp
    ... You can also name a secondary beneficiary to receive the remainder of the payments ...
    the bulk of payment and just use nominal advance payment for immediate needs ...

  • New Option For Beneficiaries: Reversionary Annuities

    http://www.investopedia.com/articles/retirement/08/survivor-benefit.asp
    ... life insurance policy, a permanent life insurance policy and an immediate annuity. ...
    However, most policies dictate that once a beneficiary has been selected, it ...

  • Your Will: Why You Need A Power Of Attorney And Beneficiaries

    http://www.investopedia.com/articles/retirement/05/EstateContingencyPlan.asp
    ... If you have a customized beneficiary designation, is it acceptable to your ... instance,
    will your beneficiaries be required to take immediate distributions, or ...

  • Introduction To Annuities: Basics of Annuities | Investopedia

    http://www.investopedia.com/university/annuities/annuities1.asp
    ... the annuitant dies before the contract is depleted, the beneficiary receives the ...
    it comes to timing of annuity distributions: 1. Immediate Annuities – These ...

  • Advanced Estate Planning: Reviewing Life Matters And Planning ...

    http://www.investopedia.com/university/estate-planning-guide/estate-planning7.asp
    ... It might be something as simple as a beneficiary change or something as time ... are
    conducted when a policy owner sells the contract for an immediate lump sum ...

  • Pick The Perfect Trust

    http://www.investopedia.com/articles/pf/08/trust-basics.asp
    ... Protection against incapacity of the grantor and beneficiary; Help to bypass probate
    delays and costs; Easy succession of trustees; Immediate access to income and ...

  • An Overview Of Annuities

    http://www.investopedia.com/articles/retirement/05/063005.asp
    ... (Learn more, in Designating A Trust As Retirement Beneficiary.) TUTORIAL: Retirement ...
    annuities are constructed and used by investors: immediate annuities and ...

  • Guaranteed Retirement Income - In Any Market

    http://www.investopedia.com/articles/retirement/09/laddering-annuities.asp
    ... Another added benefit is that certain annuities will allow your beneficiary to collect
    the payments at a ... Looking for more, read Immediate Annuities: Guaranteed ...

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