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Vested remainder

Black's Law Dictionary · Henry Campbell Black, M.A. · 1910

Black's Law Dictionary

An estate by which a present interest passes to the party, though to he enjoyed tn futuro, and by which the estate is invariably fixed to remain to a determinate person after the particniar estate has been spent.

2 Bl. Comm. 168.

A vested remainder is one limited to a certain person at a certain time or upon the happening of a necessary event.

Code Ga. § 2265. And see Poor v. Co.nsidine, 6 Wall. 474, 18 In Ed. 869; Tayloe v. Gould, 10 Barb. (N. Y.) 396j Johnson v. Edmond, 65 Conn. 492, 33 Atl. 503; Marvin v. Ledwith, 111 III. 150; Wallace v. Minor, 86 Va. 550, 10 S. E. 423; Woodman v. Woodman, 89 Me. 128, 35 Atl. 1037; Brown v. Lawrence, 3 Cush. (Mass.) 397.

Remainder to a person not of a capacity to take at the time of appointing it, is void.

Plowd. 27.