Remainderman example sentences
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- "Remainderman" example sentences
Related (5): heir, legatee, beneficiary, inheritor, successor
"Remainderman" Example Sentences
- The remainderman of the estate was surprised to learn of his inheritance.
- The deceased's will named his sister as the remainderman.
- After the life estate had expired, the property passed to the remainderman.
- The remainderman was entitled to the asset after the termination of the trust.
- The remainderman of the trust received a large sum of money upon its termination.
- The remainderman was notified of his interest in the property.
- The remainderman had to wait until the death of the life tenant before taking possession of the property.
- The remainderman had no control over the property during the life estate.
- The remainderman could not sell his interest in the property until the life estate had expired.
- The remainderman's interest in the property was subject to any conditions specified in the trust or will.
- The remainderman was expected to maintain the property after taking possession of it.
- The remainderman was responsible for paying any taxes or assessments on the property after the life estate had expired.
- The remainderman had the right to transfer or sell his interest in the property.
- The remainderman had to be identified at the time the trust or will was created.
- The remainderman's interest in the property could be contingent on certain events.
- The remainderman could be a person, or a corporation or other legal entity.
- The remainderman could have a vested or contingent interest in the property.
- The remainderman was often a family member or close friend of the deceased.
- The remainderman could receive income from the property during the life estate.
- The remainderman could be held liable for any liability or debt associated with the property.
- The remainderman could challenge the validity of the will or trust in court.
- The remainderman's interest in the property could be subject to the claims of creditors.
- The remainderman was entitled to a share of any profits from the sale of the property.
- The remainderman had the right to sue for any damages or injuries caused by the property.
- The remainderman could be an individual who did not know the deceased personally.
- The remainderman had to be specified in the trust or will, or else the property could pass to the heirs at law.
- The remainderman could be a charity or other non-profit organization.
- The remainderman had to wait until the life estate had expired before taking possession of the property.
- The remainderman could be entitled to certain tax benefits associated with the property.
- The remainderman's interest in the property could be conveyed to future generations.
Common Phrases
- The remainderman is entitled to the remaining estate after all other bequests and distributions have been made;
- As the remainderman, he will inherit the property only after the life estate of the current occupant has ended;
- The remainderman must be notified of any changes in the trust or will that may affect their inheritance;
- The remainderman has the right to inspect the property during the life estate period, but cannot make any changes or alterations without permission;
- The remainderman can choose to sell their interest in the property if they do not wish to wait for the life estate to end.
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