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2. Third-party beneficiary - Wikipedia

   en.wikipedia.org/wiki/Third-party_beneficiary

   A donee beneficiary can sue the promisor directly to enforce the promise. (Seaver v. Ransom, 224 NY 233, 120 NE 639 [1918]). A donee beneficiary is when a contract is made expressly for giving a gift to a third party, the third party is known as the donee beneficiary. The most common donee beneficiary contract is a life insurance policy.

3. Spendthrift trust - Wikipedia

   en.wikipedia.org/wiki/Spendthrift_trust

   In trust law, a spendthrift trust is a trust that is created for the benefit of a person (often unable to control his/her spending) that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the benefit of the beneficiary. Creditors of the beneficiary generally cannot reach the funds in the ...

4. Inherited IRA rules: 7 things all beneficiaries must know - AOL

   www.aol.com/finance/inherited-ira-rules-7-things...

   An ambiguous, incomplete or missing designated beneficiary form can sink an estate plan. Many people assume they filled out the form correctly at one point. “You ask who their beneficiary is ...

5. Trust (law) - Wikipedia

   en.wikipedia.org/wiki/Trust_(law)

   Courts may generally recognize spendthrift clauses against trust beneficiaries and their creditors, but not against creditors of a settlor. [ 28 ] Wills and estate planning: Trusts frequently appear in wills (indeed, technically, the administration of every deceased's estate is a form of trust).

6. What Exactly Do I Need to Know About Beneficiaries? - AOL

   www.aol.com/exactly-know-beneficiaries-132408610...

   A beneficiary is a person or entity you designate to receive the benefits of a particular account or policy after your death. Designating, reviewing and updating beneficiaries are basic tasks of ...

7. What happens to your credit card debt after you die? - AOL

   www.aol.com/finance/what-happens-to-credit-card...

   As long as there is a living beneficiary named on the account, creditors can’t make claims against 401(k) accounts. However, if there's no beneficiary, the assets become part of the estate and ...