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LSDefine

Simple English definitions for legal terms

indefeasible remainder

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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

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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