Simple English definitions for legal terms
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An expectant right is a type of right that depends on the continued existence of present conditions until some future event occurs. It is also known as a contingent right.
For example, a person may have an expectant right to inherit property from a relative who is still alive. The right to inherit is contingent on the relative's continued existence until their death.
Another example is a person's right to receive a settlement payment from a lawsuit. The right is contingent on the outcome of the lawsuit and the successful collection of the settlement amount.
Overall, an expectant right is a type of right that is not yet fully realized and is dependent on certain conditions being met in the future.