1555 Palm Beach Lakes Blvd Suite 1410

West Palm Beach, FL 33401

24/7 Customer Support

What Is a Donee? Definition, Uses and Importance.

Jump To Section

Copy the following HTML iframe code to your website:

Share This

The beneficiary of a trust is the donee. Otherwise referred to as a trustee, a donee stands as a third-party and receives benefits after two parties have successfully sealed a contract. One of the contract parties gives the donee a gift. While the donee may benefit from the success of a contract, they can not be called a contracting party.

Like other situations that involve a third-party beneficiary, a donee can claim legal rights and request for promised gifts once a contract is successful.

« Back to Glossary Index
Search for more common probate terms

Get Your Inheritance Money Now!

Our Inheritance Cash Advances help heirs receive a portion of their inheritance payout in just a few days. We then wait and are paid directly out of your share when the estate finally closes. We wait for probate so that you don’t have to. Click below and fill out our short form to receive an advance immediately.

Probate Costs