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Simple English definitions for legal terms

remainderman

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A quick definition of remainderman:

A remainderman is someone who will inherit property in the future after someone else has used it for a certain amount of time. This person is usually not the original owner or their family. For example, if someone gives their house to their friend to live in for their lifetime, and then the house goes to their niece, the niece is the remainderman.

A more thorough explanation:

Remainderman

A remainderman is a person who will inherit property in the future after a preceding estate, usually a life estate, has ended. The remainderman is a third party who is not the creator of the estate, the initial holder, or their heirs. For example, if a property is granted "to John for life, and then to Jane," John has a life estate, and Jane is the remainderman.

Example 1: John owns a house and grants a life estate to his sister, Mary. After Mary passes away, the house will go to John's son, Tom. In this case, Tom is the remainderman.

Example 2: Sarah owns a piece of land and grants a life estate to her husband, David. After David passes away, the land will go to Sarah's daughter, Emily. In this case, Emily is the remainderman.

Both examples illustrate the definition of a remainderman. In each case, there is a preceding estate (Mary's life estate and David's life estate), and after that estate ends, the property will go to a third party (Tom and Emily) who is not the creator of the estate, the initial holder, or their heirs.

remainder subject to open | Remand

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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