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LSDefine

Simple English definitions for legal terms

remainder indefeasibly vested

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A quick definition of remainder indefeasibly vested:

A remainder is a future interest in property that goes to someone else after the current owner dies or their ownership ends. For example, if someone gives their house to their friend for life, and then to their friend's child, the child's interest in the house is a remainder. There are different types of remainders, such as vested remainders (when the person who will get the property is already known) and contingent remainders (when the person who will get the property depends on a condition, like if they get married before the current owner dies). A remainder can also be indefeasibly vested, which means that the person who will get the property is certain to get it and can keep it forever.

A more thorough explanation:

Definition: A future interest in a third person, who is intended to take after the natural termination of the preceding estate, that is not subject to any condition subsequent and is certain to acquire a present interest sometime in the future and will be entitled to retain the interest permanently.

Examples:

  • "To A for life, and then to B" - B's future interest is a remainder indefeasibly vested.
  • "To A for life, and then to B's children" - B's children have a remainder subject to open, but if the gift was "to A for life, and then to B's surviving children," then B's children would have a remainder indefeasibly vested.

These examples illustrate that a remainder indefeasibly vested is a future interest that is certain to become a present interest and is not subject to any condition subsequent. In the first example, B's interest in the property is certain to vest after A's life estate ends, and there are no conditions that could prevent B from taking possession of the property. In the second example, if the gift is to B's surviving children, then the interest is certain to vest in B's children, and there are no conditions that could prevent them from taking possession of the property.

remainder estate | remainder interest

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jackfrost11770
16:48
how many ppls usually show up to those things
<3 much love to yall. i gtg back to work now but thanks for celebrating w me
jackfrost11770
16:49
They have one every month don't they
i cant imagine cornell keeping track of who goes to the lets talk
i mean maybe?
jackfrost11770
16:50
I mean they asked for lsac number but yeah I don't imagine they specifically keep track? Gtown does tho ....
jackfrost11770
16:50
But gtown is special lmfao
jackfrost11770
16:50
In a bad way
16:51
Do you need camera on/mic on for those Lets Talk Cornell things? I kinda want to attend but I'm at work
jackfrost11770
16:51
I have no idea I've never been to one
jackfrost11770
16:51
Hence Idk what to expect even capacity wise
jackfrost11770
16:51
But I'm literally still 30 minutes from home and it's in 10 min so unless I join on my phone with no camera or mic then I cannot lmao
jackfrost11770
16:55
You know what if Cornell don't want me they don't me I'm not worrying myself over this
16:57
There was a Vandy wave today?
GodsPlanUltimately
16:57
@jackfrost11770: What a excellent mindset. Cornell must have poor taste
1. Kansas 196. Cornell
nope cornell can be 2.
cornell is incredibly based
our professors are sigmapilled goonmaxxers
i see, a quality education
GodsPlanUltimately
16:59
Interesting folks.
jackfrost11770
17:00
Cornell put me on reserve after interview they are at least slightly unbased
@jackfrost11770: thats why they sit at 2
cornell is based but universal rule is adcoms are ghouls
texaslawhopefully
17:01
this is depressing lol: https://thedispatch.com/newsletter/boilingfrogs/shock-and-awe/
Dkk
17:01
@GodsPlanUltimately smart of them
Dkk
17:02
How is it unpopular when he got the pop vote and the electoral college. Unreadable after the title.
Who’s hearing from uclaaa rnnnn
texaslawhopefully
17:03
Glad you're back dk lmao. If you read the actual article, it's that his day one EO's are wildly unpopular (for instance the majority of americans support birthright citizenship). He can have won the popular vote and still do unpopular stuff
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