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Simple English definitions for legal terms

remainder subject to a condition precedent

Read a random definition: l'acte de l'état civil

A quick definition of remainder subject to a condition precedent:

Remainder subject to a condition precedent is when someone will inherit property only if certain things happen in the future. For example, if someone's brother is still alive when they die, or if the family's farm is still being used. This is also called a contingent remainder.

A more thorough explanation:

Definition: A remainder subject to a condition precedent, also known as a contingent remainder, is a future interest in property that will only pass to a person or entity if certain conditions are met at the time of the title-holder's death. These conditions are usually uncertain or unknown at the time the interest is created.

Example 1: John leaves his house to his daughter, Sarah, but only if she graduates from college. If Sarah does not graduate from college, the house will go to John's son, Michael. In this example, Sarah has a contingent remainder because she will only inherit the house if she meets the condition of graduating from college.

Example 2: Mary leaves her farm to her son, Tom, but only if he continues to operate the farm for at least five years after her death. If Tom does not continue to operate the farm, the farm will go to Mary's daughter, Jane. In this example, Tom has a contingent remainder because he will only inherit the farm if he meets the condition of operating it for at least five years after Mary's death.

These examples illustrate how a remainder subject to a condition precedent is a future interest in property that is dependent on certain conditions being met. The person or entity who will inherit the property is uncertain until the condition is fulfilled or not fulfilled.

Remainder (trust law) | remainder subject to divestment

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Denny
14:32
@llama: probably this ill try and figure it out hmm
Denny
14:32
looks confusing
14:33
Im sure u can figure it out, just maybe make a copy if possible of both sources, that way if u mess up u do not corrupt ur original data
Denny
14:33
yeah
Denny
14:34
i think ill just use apps script + chat gpt
Denny
14:34
maybe
14:34
two google sheets are your source docs? what is your intended output
Denny
14:34
two sheets in one google doc
Denny
14:35
trying to move stuff based on date & information put in
Denny
14:35
a spreadsheet to be updated daily that tracks inventory i guess
14:36
oh well at least date/time is chronological, so you can set parameters (opposed to values or non quantatiative)
Denny
14:37
i find that date and time get tricky
14:38
google sheets > Data > Data extractor OR Data connector maybe
Denny
14:38
thats to extract from a different sheet tho
Denny
14:38
i just want a new page
14:39
a new page within the same sheet (like on the bottom)
Denny
14:39
yeah
Denny
14:41
basically stuff gets inputted from an external program and the sheet has to decide what to do with it. but every day inventory is refreshed. so i want to paste in the current inventory every day and then use the numbers provided from the external site to track that data and move it if the days out hits 0
Denny
14:41
but i want to maintain accuracy on one sheet while pasting into another
14:44
hmm sounds fun. Maybe look at google apps script or pivot tables? It is hard to say without knowing more info. unfortunately, I am not crazy good with sheets, but I use improve/trial and error to make up for it.
14:45
improv
14:48
im interested/would take a stab at it if you want to email me or jit me on discord with more info, in beacons link
Denny
14:56
bet
Denny
14:56
im gonna sleep on it but ill hit u up on tuesday when after my weekend
15:21
ok
MrThickRopes
15:23
Fo pm td decisions?
Denny
15:47
f p d td?
MrThickRopes
17:07
fo p
180letmein
20:32
buddy it's a saturday
MrThickRopes
22:07
nd yor pointe?
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