What is 'Absolute Beneficiary'

A designation of a beneficiary that can not be changed without the written consent of that beneficiary. Also referred to as an "irrevocable beneficiary", absolute beneficiaries can also refer to a trust, an employee benefit plan such as a pension, or any other instrument or contract with a beneficiary clause.

Explaining 'Absolute Beneficiary'

The naming of absolute beneficiaries is common in divorce settlements or liability cases where part of the settlement is the naming of a given person as a beneficiary. Any designations of absolute beneficiaries should be made very carefully and with professional consultation.

Further Reading

Change in the quality of care delivered to Medicare beneficiaries, 1998-1999 to 2000-2001
jamanetwork.com [PDF]
… The state has witnessed an absolute absence of complimentary institutions to support financial inclusion … the impact of financial access on the poverty of participants/beneficiaries of financial … of an arbitrarily fixed criterion for the determination of a beneficiary under government …

Spain's Balancing Act: Net Contributor or Net Beneficiary of the EU Budget
papers.ssrn.com [PDF]
… The state has witnessed an absolute absence of complimentary institutions to support financial inclusion … the impact of financial access on the poverty of participants/beneficiaries of financial … of an arbitrarily fixed criterion for the determination of a beneficiary under government …

Land reform beneficiaries: present situation.
www.cabdirect.org [PDF]
… The state has witnessed an absolute absence of complimentary institutions to support financial inclusion … the impact of financial access on the poverty of participants/beneficiaries of financial … of an arbitrarily fixed criterion for the determination of a beneficiary under government …

Disclosure to discretionary beneficiaries—the latest on Schmidt: Do beneficiaries have absolute rights to trust accounts? What about company documents? Schmidt V …
academic.oup.com [PDF]
… The state has witnessed an absolute absence of complimentary institutions to support financial inclusion … the impact of financial access on the poverty of participants/beneficiaries of financial … of an arbitrarily fixed criterion for the determination of a beneficiary under government …

The absorption capacity of European Union funds for social inclusion. An analysis into the PHARE 2004-2005 grants beneficiaries
www.ceeol.com [PDF]
… The state has witnessed an absolute absence of complimentary institutions to support financial inclusion … the impact of financial access on the poverty of participants/beneficiaries of financial … of an arbitrarily fixed criterion for the determination of a beneficiary under government …