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begünstigte

Begünstigte is a German term used to denote a person who receives advantages or benefits under a legal arrangement, such as a will, life insurance policy, pension plan, or contract. It can be used as a noun to refer to the beneficiary, or as an adjective to describe someone who is favored, for example ein begünstigter Antragsteller (a favored applicant). The plural noun form is die Begünstigten; the singular forms are der Begünstigte (masculine) and die Begünstigte (feminine).

In estate law, a testator may designate one or more Begünstigte to receive assets through a Vermächtnis

In insurance and retirement contracts, the Begünstigte is named in the policy to receive proceeds or benefits

Beyond private law, begünstigte can describe groups or individuals who receive preferential treatment under a program

See also: Vermächtnis, Erbe, Versicherung, Treuhand, Begünstigung.

(bequest)
or
by
inheritance.
The
rights
and
possible
tax
consequences
of
the
Begünstigte
depend
on
the
jurisdiction
and
the
specific
terms
of
the
will
or
contract
governing
the
transfer
of
assets.
upon
a
triggering
event,
such
as
the
death
of
the
insured
or
the
attainment
of
a
retirement
milestone.
The
designation
typically
requires
clear
identification
and
may
impose
relationship
or
condition-related
requirements.
or
regulation.
In
this
broader
sense,
the
term
indicates
access
to
advantages
that
are
not
universally
available,
and
it
is
commonly
used
in
discussions
of
policy
design,
taxation,
and
social
programs.