remainders on a contingency with a double aspect

remainders on a contingency with a double aspect
Alternative remainders so limited that the second takes effect in lieu of the first, and only in case the first never takes effect at all. 28 Am J2d Est § 216. As an illustration, a limitation to A for life, and after A's death, if he have children, to them in fee simple, and if he have no children, then to B in fee simple. In such case, in one alternative the remainder in favor of the children vests, and in the other alternative the remainder in favor of B vests. First Nat. Bank v Pointer, 174 Tenn 472, 126 SW2d 335.

Ballentine's law dictionary. . 1998.

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Look at other dictionaries:

  • remainders on a single contingency with a double aspect — Same as remainders on a contingency with a double aspect …   Ballentine's law dictionary

  • contingency with a double aspect — See remainders on a contingency with a double aspect …   Ballentine's law dictionary

  • double contingency — See remainders on a contingency with a double aspect …   Ballentine's law dictionary

  • remainder on a double contingency — See remainders on a contingency with a double aspect …   Ballentine's law dictionary

  • contingent remainder — An estate in remainder under a limitation which is uncertain as to the person who is to take or as to the event upon which the preceding estate is to terminate, so that the preceding estate may terminate and yet the remainder never take effect.… …   Ballentine's law dictionary

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