contingent remainder

Definition of "contingent remainder"
  1. A future claim to property that depends on the occurrence of certain events or conditions, or that is meant for an unidentified person or entity
How to use "contingent remainder" in a sentence
  1. His will stated a contingent remainder on his assets based on his children's college graduation.
  2. The deed set the house for life with a contingent remainder set aside on certain conditions.
  3. Mary's will stated a life interest in her property, with a contingent remainder to any child that completes a college degree.

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