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Terms Used In Utah Code 75-6-414

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Beneficiary: means a person who receives property under a transfer on death deed. See Utah Code 75-6-402

     A beneficiary may disclaim all or part of the beneficiary‘s interest.