The one entitled to receive the assets upon termination of a trust.
Someone, male or female, who benefits from an estate after the death of a life tenant.
The one entitled to an interest in property after the termination of a life estate. For example, a surviving spouse may have the use of real estate until her death, at which time the remainder interest passes to her child (the remainderman). See also life tenant.
An individual entitled to the remainder of an estate.
The party designated to receive a remainder estate. There are two types: vested remainderman (one who is known and named) and contingent remainderman (one whose identity is not certain or who is to be selected).
In charitable gift plans, this usually refers to the charity that will receive what is left when the gift plan terminates.
The person entitled to receive the principal of a trust when the intervening life estate or estates terminate.
Someone who will inherit property in the future. For instance if someone dies and leave his home "to Helen for life, and then to Lorna" Lorna is a remainderman because she will inherit the home in the future after Helen dies.
The person, institution, or charity receiving the assets of a trust upon the death of the trustor.
The person or entity designated to receive from a trust that which remains of the principal after the income interest or other intervening interest has terminated.
One who is entitled to receive the principal of a trust when the intervening life estate or estates terminate.
Individual or charity entitled to receive the assets upon the termination of a trust.
Individual, institution or organization that the trust will be distributed to upon termination.
The person designated to receive assets at the end of a trust term.... read full article
the person who is to receive possession of the property after the death of a life tenant.
A legal term for the individual or organization who receives the trust principal after the income interest has been satisfied.
The person who owns an estate in remainder.
"A person with rightful claim to an expectant estate." Dukelow
The person who receives the principal remaining in a trust account after all other required payments have been made, such as those to the beneficiary and expenses, and the trust has been dissolved.
One who receives the principal of a trust when it is dissolved.
One entitled to the remainder of an estate after a particular reserved right or interest has expired.
One who is entitled to have distributed to him/her the remainder of an estate upon the expiration or termination of a trust or life tenancy.
The recipient of the corpus (remaining principal) of a trust upon termination.
In the case of a trust, this term refers to the individual who will receive the principal of a trust when final distribution takes place.
The person who inherits property when someone passes away and has executed a "life estate deed." For example, John owns a house. He deeds it to himself for life and then to Jane upon his death. Jane is the remainderman.
The person who is entitled to receive the principal (corpus) of an estate upon the termination of the intervening life estate or estates.
Person who receives the interest in a life estate after the expiration, normally through death, of the original life tenant's interest.
A remainderman is person who inherits or is entitled to inherit property upon the termination of the estate of the former owner. Usually this occurs due to the death or termination of the former owner's life estate, but this can also occur due to a specific notation in a trust passing ownership from one person to another.