Executed remainder

{
  "id": "MLC-T-LAW-001967",
  "term": "Executed remainder",
  "field": "Law",
  "definition": "A future interest in property that is certain to take effect in possession after the termination of a preceding estate, such as a life estate. This type of remainder is vested, meaning the identity of the remainderman is known and there are no conditions precedent to its vesting. It is distinguished from a contingent remainder, which has conditions that must be met.",
  "url": "https://mlchart.com/terminology/law/executed-remainder/"
}