future interest

Definition of "future interest"
  1. A right to access a property at a specified future date or upon a specific event's occurrence
How to use "future interest" in a sentence
  1. Jane holds a future interest in her aunt's house that will be hers only once her aunt passes away.
  2. In his will, he bequeathed future interest in his art collection to his grandson, effective upon his retirement.
  3. She was surprised to learn she held a future interest in her father's business upon completion of her MBA.

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