Have a Question?

Enter your question in sentence form (e.g., How do I contact Simplii Financial?).
Don't include any confidential information, such as card or account numbers.

We matched your question to:

Who is the beneficiary in the estate settlement process?

Rate this response

A ‘beneficiary’ is the term used to describe a person or entity that receives assets from an estate under the will or an intestacy, or other assets (for example insurance policies) by way of a beneficiary designation. This person may also be known as “heir”, “legatee” or “successor”.

For more details check out:
• Estate Guide
• Your first steps as an estate representative

"SIMPLII FINANCIAL" and the SIMPLII FINANCIAL DESIGNS are trademarks of CIBC. "Simplii Financial" is a division of CIBC. Banking services are not available in Quebec.
powered by [24]7