remainder vested subject to open

Definition of "remainder vested subject to open"
  1. A type of vested remainder that may decrease in value due to the division among increased numbers of remaindermen, such as subsequent-born children
How to use "remainder vested subject to open" in a sentence
  1. In the will, the grandfather left a remainder vested subject to open for his future grandchildren.
  2. The estate was divided among the siblings with a remainder vested subject to open for any future family members.
  3. Child protection laws often consider a remainder vested subject to open when dealing with inheritance matters.

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