Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

indefeasible remainder

Read a random definition: manu aliena

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
PopSmoke
13:44
foreigna
PopSmoke
13:51
listen to this song please
eggan
13:53
All the opps like, "Pop who?" But I bet they wanna be Pop Smoke
Can they just tell us I know they know
legallybrunettelily
14:01
anyone else waiting patiently for Loyola Chicago
Yep
me too
legallybrunettelily
14:02
how we feeling
i have no idea
I felt good bc I’m above 75th for both but now idk
same so this is crazy
It’s prob bc I applied late
i applied december hbu
legallybrunettelily
14:05
I just want to know it's my first choice
legallybrunettelily
14:05
I applied early jan went complete mid jan
legallybrunettelily
14:06
do you think we'll hear before or after seat deposits are due on the 15th?
i called this week and they said anyone getting acceptances now would have an adjusted seat deposit deadline
but they only said they send things on a weekly basis
legallybrunettelily
14:07
Yeah and I think usually they release on Fridays
legallybrunettelily
14:07
was hoping they would be releasing stuff today but not likely imo
i dont think they released last friday either so im not sure what they are up to
legallybrunettelily
14:08
Ugh. Let me in queens I will 100% COME TO YOUUU
Go public legallybrunette
legallybrunettelily
14:08
what does that even mean
your account lol
legallybrunettelily
14:09
oh lmfao
Mostlylegal
14:27
its fo pm somewhere
ParallelAgreeableOrangutan
14:31
somewhere = St. John's, Newfoundland and Labrador, Canada
LSD+ is ad-free, with DMs, discounts, case briefs & more.