When a remainder is given to the heirs of a then-living person, the remainder is vested.

Name: When a remainder is given to the heirs of a then-living person, the remainder is vested.
Brand: Quizplus
Rating: 4.8 (44 reviews)

Question

Quizplus · Accepted Answer

A remainder is vested when it is given to an ascertained person and is not subject to any condition precedent. If it is given to the heirs of a living person, it is contingent because the heirs cannot be ascertained until the person's death.

When a Remainder Is Given to the Heirs of a Then-Living