remainderman Definition
a person who inherits or is entitled to inherit property upon the termination of a life estate.
Using remainderman: Examples
Take a moment to familiarize yourself with how "remainderman" can be used in various situations through the following examples!
Example
The remainderman will take possession of the property after the life tenant dies.
Example
The trust agreement specified that the remainderman would receive the assets after the beneficiary's death.
Example
The will named his son as the remainderman of the family estate.
remainderman Synonyms and Antonyms
Synonyms for remainderman
Phrases with remainderman
a type of ownership where a person has the right to use and enjoy a property during their lifetime, but upon their death, the property passes to another person, known as the remainderman
Example
The father transferred the property to his daughter as a life estate with remainder interest, so that she could live there until her death, after which it would pass to her son.
a remainderman whose right to the property is certain and cannot be taken away
Example
The trust agreement named the grandchildren as vested remaindermen, ensuring that they would inherit the property regardless of any future changes in the trust.
a remainderman whose right to the property depends on the occurrence of a certain event
Example
The will named the charity as the contingent remainderman, stipulating that if the primary beneficiary died without children, the property would pass to the charity.
Origins of remainderman
from 'remainder' meaning 'what is left over' and 'man'
Summary: remainderman in Brief
'Remainderman' [riˈmeɪndərmən] refers to a person who inherits or is entitled to inherit property upon the termination of a life estate. It is often used in legal contexts, such as 'The will named his son as the remainderman of the family estate.' The term also extends into phrases like 'life estate with remainder interest,' which describes a type of ownership, and 'vested remainderman,' which denotes a certain right to the property.
