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LSDefine

Simple English definitions for legal terms

remainderer

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A quick definition of remainderer:

A remainderer, also known as a remainderman or remainderperson, is someone who is entitled to receive a remainder. This means that they will inherit or receive ownership of a property or asset after certain conditions or interests have expired or been fulfilled. An ulterior remainderman is a third party who will only receive their future interest in a property if all preceding interests have expired.

A more thorough explanation:

A remainderer is a person who holds or is entitled to receive a remainder. They are also known as a remainderman or remainor. This term is commonly used in the field of real estate law.

For example, if a person owns a piece of property and wants to leave it to their children after they pass away, they may set up a trust with the children as the remaindermen. This means that the children will inherit the property after the trust has fulfilled its purpose.

Another term related to remainderers is ulterior remainderman. This refers to a third party whose future interest in a property only vests if all the preceding reciprocal interests expire. For instance, if a person sets up a trust with their spouse as the first remainderman and their children as the ulterior remaindermen, the children will only inherit the property if the spouse passes away.

Overall, remainderers play an important role in estate planning and property ownership. They are the individuals who will ultimately receive the property or assets after certain conditions are met.

remainder bequest | remainder estate

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18:13
jk that is nice
babycat
18:14
@EvolBunny: I love fluoride 😍😍😍
18:14
omg me too
BulbasaurNoLikeCardio
18:15
@EvolBunny: I am fine with them making their cut and all that but I bought it with an adjustable gas block, new LVPO and foregrip so I just have a bunch of parts and ammo with no way to shoot it
@BulbasaurNoLikeCardio: i mean getting paid for their incompetence is based
18:15
they think you are going to attack dj trump
BulbasaurNoLikeCardio
18:18
@BulbasaurNoLikeCardio: they blaimed it on their IT team for not updating it as out of stock when I paid but like buying something in stock in September then being told I won't get it until mid January is pretty wild. I do not hunt anymore but their mistake would of caused me to miss the entire season. If it wasn't so hard to get left handed ARs I would of gone elsewhere
oh that's kind of worth more than $140
that's at least $300
18:19
@BulbasaurNoLikeCardio: what you gonna do when january hits and they are like "it still isnt here come back in april"
BulbasaurNoLikeCardio
18:20
Its a $600 part, they already covering shipping and paying the tax so $140 is an additional 25% off.
BulbasaurNoLikeCardio
18:20
If it doesn't come January I am going to just say fuck it and toss everything on the right handed upper and just eat gas.
18:21
You should have said to refund you or give 300 off
18:21
wasp is wasp
18:21
knows how be rich and demand shit lmfao
i am atheist not protestant
18:22
same thing tho ya? - catholic
BulbasaurNoLikeCardio
18:23
Ill just keep arguing for more money off until I get it or they end up paying me to take it lmao
18:24
what other guns ya got
are we losing hope for gtown lol
yeah i dont think gtown does A's this late unfortunately
18:25
it is like 630 on a friday there bud
18:25
think it is safe to say it aint happenin today\
damn it was a slow day today
BulbasaurNoLikeCardio
18:26
I got a custom built Leftie ar15 I run suppressed, a regular ar15, a .270 axis savage bolt gun, xd9, xd40 and have my AR10 I run suppressed.
BulbasaurNoLikeCardio
18:26
I do not think we will see a wave until after thanksgiving. Adcoms will be nice and not ruin someones thanksgiving with an R
18:28
ruin my thanksgiving law schools uwu
PerpetualCheerfulBeaver
18:53
I really thought a texas schools wave was going to hit today...guess it will be December 1
7Rings
19:00
No news is good news 😜
PerpetualCheerfulBeaver
19:10
the mentality im embracing
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