Remainderman: What One Is, How They Work, Pros and Cons What Is a Remainderman? A remainderman is a property law term that refers to the person who inherits or is entitled to inherit property upon the termination of the life estate of the former
Remainderman - Wikipedia For example, if the owner of property makes a grant of that property "to John for life, and then to Jane," Jane is entitled to a future interest, called a remainder, and is termed a remainderman
Who Is a Remainderman in a Life Estate? - SmartAsset What Is a Remainderman? A remainderman, a term used in estate and property law, is the person who will inherit property after a life estate is dissolved A life estate is usually a residence that a person owns for the duration of their life
Rights and Responsibilities of a Remainderman - LegalZoom The second party is the remainderman, or person with a remainder interest who is entitled to full ownership upon the death of the life tenant Most often, the life tenant is the spouse of the creator of the will or trust
The Role of Remaindermen in Property Inheritance and Life Estates A remainderman is an individual designated to inherit property upon the termination of a life estate They hold a future interest in the property and gain ownership rights once the life estate ends
remainderman | Wex | US Law | LII Legal Information Institute A remainderman is a property law term that refers to a person who stands to inherit property at a future point in time upon the termination of a preceding estate—usually a life estate A remainderman is a third person other than the estate’s creator, initial holder, or either’s heirs
The Role of Remaindermen and Life Estate Deeds - Stouffer Legal In simple terms, a remainderman is the person who will inherit a property or asset upon the termination of a life estate A life estate is a form of joint ownership that allows one person (the “life tenant”) to remain in a house until their death, when it passes on to the remainderman
Remainderman - estate-planning-glossary A remainderman is a person or entity who inherits or is entitled to inherit property after the termination of a prior estate, typically following the death of a life tenant or the expiration of a specific time period
Who Is the Remainderman in a Life Estate? - LegalClarity The remainderman is the individual, group, or entity named to receive full ownership of the property upon the life tenant’s death They hold what is known as a “future interest ”