Expectant heir

this is the case of a person who, in this court, is considered as an expectant heir; and that it is incumbent upon those who have dealt with an expectant heir, relative to his reversionary interest, to make good the bargain: that is, to be able to show that a full and adequate consideration was paid. In all such cases, the issue is upon the adequacy of price; no proof of fraud is necessary; and the relief is given upon general principles of mischief to the public, without requiring particular evidence of actual imposition.

An expectant heir, in the language of equity, is a person who has a reversionary right or hope or succession to property. Where he has but little or n6 property immediately available, and is exposed to the temptation of selling or mortgaging his right or expectation on unreasonable terms (e. g., for much below its the court against the enforcement of such "catching bargains," as they are called.

A person who has the expectation of inheriting property or an estate, but small present means. The term is chiefly used in equity, where relief is afforded to such persons against the enforcement of "catching bargains," (q. v.) Jeffers v. Lampson, 10 Ohio St. 106; Whelen v. Phillips, 151 Pa. 312, 25 Atl. 44; In re Robbins' Estate, 199 Pa. 500, 49 Atl. 233.

Defined under Expect in Black's Law Dictionary.

A person who has the expectation of inheriting property or an estate, but small present means. The term is chiefly used in equity, where relief is afforded to such persons against the ens forcement of “catching bargains,” (g. v.)