incidental beneficiary

incidental beneficiary

n. someone who obtains a benefit as the result of the main purpose of the trust. Example: the co-owner of property with a named beneficiary may benefit from moneys provided to improve the building they jointly own, or a grandchild might benefit from his/her parent receiving a gift which could be used by the entire family, or which he/she may inherit from the parent. (See: beneficiary, trust)

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.
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He was just the incidental beneficiary being the incumbent PNP chief and would leave the quarters to his successor, Purisima said.
(30) The court reasoned that the insurer-subrogee was simply an incidental beneficiary, limiting the otherwise broad approach New Jersey courts have taken with third-party beneficiary status and recovery claims.
"As what was, at most, an incidental beneficiary of her husband's medical treatment, Mrs.
(c) an incidental beneficiary if neither the facts stated in Clause (a) nor those stated in Clause (b) exist.