Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

indefeasible remainder

Read a random definition: accrual, clause of

A quick definition of indefeasible remainder:

An indefeasible remainder is a type of future interest in property that is guaranteed to go to a specific person without any conditions or requirements. This means that the person named will receive the property no matter what happens in the future. Other types of future interests may have conditions or contingencies that must be met before the person can receive the property. Indefeasible remainders are often identified by specific language, such as "to (insert name) and their heirs" in a will or other document.

A more thorough explanation:

Definition: An indefeasible remainder is a future interest in property that is not subject to any conditions or contingencies. It is a type of property interest that is guaranteed to go to a specific person or entity, regardless of any future events or circumstances.

Indefeasible remainders are often created using specific language, such as "to (insert name) and their heirs" in a will or other legal document. This language makes it clear that the named person or entity is entitled to the property interest without any conditions or contingencies.

For example, if a parent leaves property to their daughter "and her heirs," this creates an indefeasible remainder because the daughter is guaranteed to receive the property interest without any conditions or contingencies. In contrast, if the parent left the property to their daughter "if she obtains a college degree," this would not be an indefeasible remainder because the daughter's entitlement to the property interest is contingent on her obtaining a college degree.

Overall, an indefeasible remainder is a type of property interest that provides a clear and certain entitlement to a specific person or entity, without any conditions or contingencies that could affect their right to the property.

indefeasible | indemnify

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
babycat
17:13
I don’t know what wizard101 is sorry
babycat
17:13
@EvolBunny: yeah lol you gotta be a brand new kind of stupid for that
17:13
Like i imagine balls and horseymeds are some of the kindest people irl lol
17:14
in a professional setting
babycat
17:14
Balls is my buddy and I love him but he literally does say slurs out on the street
babycat
17:14
Not in a professional setting though
17:14
But does he at work and around school settings?
17:14
Or only wit his homies in his time
Dkk
17:14
Thank you @EvolBunny
babycat
17:14
Yeah and he buys me margaritas :)
babycat
17:15
Idk about horsey that guy seems like a freak
17:15
He is an arsehole but he is your asshole
1a2b3c4d26z
17:15
Would kill for a marg
Dkk
17:15
*spreads ass in mirror to check*
babycat
17:15
one million margs at nyc lsd meetup
Dkk
17:16
Nope, not my asshole.
1a2b3c4d26z
17:17
I will walk to nyc to do this
17:17
send it
1a2b3c4d26z
17:17
omw
17:18
Pick up @splitterusclitterus
letsdoadrill
17:18
What time will UCLA begin giving out decisions tomorrow if there’s a wave?
17:19
Who cares about that carp skool
letsdoadrill
17:19
Me
letsdoadrill
17:20
I don’t really care about bantering here tbh I just thought yall would know the time it would
17:20
off wit ya then oy
babycat
17:20
i have no idea if it happens it happens. look at reddit or something
babycat
17:21
@1a2b3c4d26z: yay
Dkk
17:22
UCLA? I am gunna take a guess and say the wave will come out at 11:22:24 on 11/22/24.
no gtown ....?
17:24
@Dkk: the prophecy has been foretold
LSD+ is ad-free, with DMs, discounts, case briefs & more.