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What are the responsibilities of a beneficiary?

In: Estates, Debt Responsibility [Edit categories]

Answer:

A beneficiary has no responsibilities. They receive the benefit of the bequest or trust. They would be responsible for any tax consequences.

Contributor:

Aggie80

First answer by Aggie80. Last edit by Aggie80. Contributor trust: 4979 [recommend contributor ]. Question popularity: 1 [recommend question].

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