BENEFICIARY BEQUEATH

At the time when one is preparing a will or a life insurance he is entitled to appoint a person who will be benefited by the amount after his or her death , person who will be benefited is known as ‘Primary Beneficiary’, in case this beneficiary has died and his appointed person will be entitled to the benefit, this person will be known as ‘Secondary Beneficiary’. Bequeath generally means ‘ pass the amount or property mentioned in will to the beneficiary’.  e.g. A is writing a will that after his death the entire property shall be handed over to B , here pass of property is bequeath and B is the beneficiary of the A’s will.