Vested and Contingent Remainders Law and Legal Definition
“The vested remainder is where a present interest passes to a certain and defined person but to be enjoyed in futuro. There must be a particular estate to support it. The remainder must pass out of the grantor at the creation of the particular estate. It must vest in the grantee during the continuance of the estate, eo instante that it determines. A contingent remainder is where the estate in remainder is limited either to a dubious or uncertain person, or upon the happening of a dubious or uncertain event." Pollack v. Meyer Bros. Drug Co., 233 F. 861, 869 (8th Cir. Mo. 1916)
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