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Legal Definition and Related Resources of Vested remainder
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Meaning of Vested remainder
The accepted definition of a vested remainder is, that it is one that throughout its continuance gives to the remainderman or his heirs the right to the immediate possession, whenever and however the preceding estate may determine. There must be some certain defined person in being and ascertained who answers the description of remainderman at some time during the continuance of the particular estate and not merely at the time fixed for its termination. 270 111. 228; 266 111. 17. See Remainder.
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This definition of Vested Remainder is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
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Executed Remainder in the American legal Encyclopedia
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"The accepted definition of a vested remainder is, that it is one that throughout its continuance gives to the remainderman [...]
This entry was last modified: January 15, 2014