Beneficiary Advocate definition

Beneficiary Advocate means the person and successor persons, as may be applicable, named in the Joinder Agreement. The Beneficiary Advocate can, for example, be the Beneficiary himself or herself, but preferable the Beneficiary’s Legal Representative or another person other than the Trust Beneficiary should act as the Beneficiary Advocate. The Trustee is authorized to communicate and to obtain advice and instructions from the Beneficiary Advocate with regard to a Trust Beneficiary’s investment interests, health care, social activities, care management, residential options and other issues relating to the life care of the Trust Beneficiary. Provided, however, the Trustee has the right to exercise its discretion whenever the Trustee believes appropriate even though contrary to the advice of the Beneficiary Advocate.
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Beneficiary Advocate means the same as that term is defined in Section 53A-16-101.6.
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Beneficiary Advocate means that person and successor persons, as applicable, named in the Joinder Agreement. If none is named, then that individual selected by the Trustee. The Beneficiary Advocate is authorized to communicate with the Trustee in regards to the Beneficiary’s investment interests, health care, social activities, care management, residential options and other issues relating to life care of the Beneficiary. The Beneficiary Advocate may also act on behalf of or receive notice for the Beneficiary as provided in the Joinder Agreement and accompanying documents.
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Examples of Beneficiary Advocate in a sentence

  • The provisions of this Joinder Agreement are not subject to amendment by the Grantor, the Trust Beneficiary and/or the Beneficiary Advocate.

  • The Trustee in its sole discretion may recruit, select, engage, terminate, and change one or more money managers without the consent of the Trust Beneficiary and/or Beneficiary Advocate.

  • Beneficiary Advocate (Receives statements and may make disbursement requests on behalf of the trust beneficiary.

  • However, if a Trust Beneficiary becomes incapacitated and a guardian is appointed, the guardian will be given preference as the Beneficiary Advocate.

  • If no Beneficiary Advocate is named or able to serve, AGED and/or the Trustee may select and appoint a Successor Beneficiary Advocate.

  • Disbursements for any non-support items for the benefit of the Beneficiary may be made when a Beneficiary Advocate believes such supplemental needs are not being provided by any public or government agency, or are not otherwise being provided from any other source available to the Beneficiary, but subject to the discretion of the Trustee.

  • Any notices or accountings the Trustee is required to send will be deemed adequate if delivered to any then serving Beneficiary Advocate.

  • Any amendment or addendum shall be effective 30 days after Notice to the Beneficiary or Beneficiary Advocate or when the Trustee receives written consent or acknowledgement from the Beneficiary or Beneficiary Advocate, whichever occurs first.

  • The Grantor and each Beneficiary Advocate agrees to indemnify and hold AGED, the Trustee and their officers, directors, employees, agents, and assigns harmless from any loss, damage, or claim arising as a result of reliance on the information provided in this document, and from acting upon instructions believed by AGED and/or the Trustee to have originated with a Beneficiary Advocate.


More Definitions of Beneficiary Advocate

Beneficiary Advocate means the individual, as an independent employee, who
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Beneficiary Advocate is an individual who knows the Beneficiary, whom the Beneficiary trusts, and who can act as a prudent and responsible “advisor” to The Special Needs Trust Foundation (SNTF). Essentially, a “beneficiary advocate” acts as a liaison between the Beneficiary and SNTF. The beneficiary advocate communicates the Beneficiary’s needs and desires to the SNTF and makes actual disbursement request to be considered by the SNTF, beneficiary advocates are valuable to both the Beneficiary and the SNTF because they provide insight into how a Beneficiary’s trust account can best be used to provide him or her with the best possible material quality of life. A Beneficiary can have more than one beneficiary advocate. List the beneficiary advocate below:
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Beneficiary Advocate means the individual, as an independent employee, who shall fulfill the duties prescribed in this section to the trust land beneficiaries as the primary
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Beneficiary Advocate means the individual, as an independent employee, who shall fulfill the duties prescribed in this section to the trust land beneficiaries as the primary beneficiary representative set forth in Section 53C-1-103(7).
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Related to Beneficiary Advocate

  • Beneficiary(ies means the beneficiary(ies) designated by the Participant who are entitled to receive any distributions from the Plan payable upon the death of the Participant.

  • Beneficiary means the person, persons, trust or trusts that have been designated by a Participant in his or her most recent written beneficiary designation filed with the Committee to receive the benefits specified under the Plan upon such Participant’s death or to which Awards or other rights are transferred if and to the extent permitted under Section 10(b) hereof. If, upon a Participant’s death, there is no designated Beneficiary or surviving designated Beneficiary, then the term Beneficiary means the person, persons, trust or trusts entitled by will or the laws of descent and distribution to receive such benefits.

  • School administrator means a superintendent, principal or his/her designee assistant principal//technical center director or his/her designee and/or the District’s Equity Coordinator.

  • Claims Administrator means the firm proposed by Class Counsel and appointed by the Courts to administer the Settlement Amount in accordance with the provisions of this Settlement Agreement and the Distribution Protocol, and any employees of such firm.

  • Account Application Form means the Personal Account Application Form for International Personal Banking or Wealth and Investment as applicable;

  • additional spouse means a spouse by the party to the marriage who is additional to the party to the marriage;

  • Registered Benchmark Administrator means that the Underlying is administered by an administrator who is registered in a register pursuant to Article 36 of the Benchmark Regulation as specified in § 2 of the Product and Underlying Data.