Remainderman
Definition & Meaning
Part of speech noun
Quick meaning: Remainderman is a noun meaning (law) A person entitled to receive a remainder interest in any property.
Meaning
(law) A person entitled to receive a remainder interest in any property.
More Meanings
- (law) A person entitled to the assets of a trust at the end of some specified period or after some event. For instance a man's will might put his assets into a trust with the income to go to his wife until she dies (being a life interest), at which time the capital (remainder interest) goes to their children. The children are remaindermen.
Word Forms
- remaindermen
Related Words
Related dictionary entries include remainder-man, residuary, remaindership, receiptor, remitter, remainder.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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