Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

remainderer

Read a random definition: advoutrer

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

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
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
LSD+ is ad-free, with DMs, discounts, case briefs & more.