There are multiple definitions - click on the translation that matches your context.

Vermächtnisnehmer

Substantiv

partial

beneficiary

noun

Comparative law notes

Germany

Beneficiary can be used as a general, catch-all translation here.

Definitions of beneficiary

English

a person or entity who receives money or an advantage etc

If a capital payment is made to a beneficiary, the payment can be taxed as income under s740.