future estate — /fjutʃər əsˈteɪt/ (say fyoohchuhr uhs tayt) noun Law 1. estate that may be acquired in the future, as a contingent remainder. 2. existing estate to take effect in possession in the future, as reversion and vested remainder …
estate — es·tate /i stāt/ n [Anglo French estat, literally, state, condition, from Old French, from Latin status, from stare to stand] 1: the interest of a particular degree, nature, quality, or extent that one has in land or other property compare fee;… … Law dictionary
estate — The degree, quantity, nature, and extent of interest which a person has in real and personal property. An estate in lands, tenements, and hereditaments signifies such interest as the tenant has therein. 2 Bl.Comm. 103. The condition or… … Black's law dictionary
estate — The degree, quantity, nature, and extent of interest which a person has in real and personal property. An estate in lands, tenements, and hereditaments signifies such interest as the tenant has therein. 2 Bl.Comm. 103. The condition or… … Black's law dictionary
vested — vest·ed / ves təd/ adj 1: fully and absolutely established as a right, benefit, or privilege: not dependent on any contingency or condition; specif: not subject to forfeiture if employment terminates before retirement vested pension benefits 2:… … Law dictionary
vested remainder — see remainder Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. vested remainder … Law dictionary
vested estate — see estate 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. vested estate n … Law dictionary
vested interest — see interest 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. vested interest … Law dictionary
Future interest — This article is about the legal concept of future interests in property. For the actuarial valuation of future streams of income, see Future interests (actuarial science) … Wikipedia
vested — Fixed; accrued; settled; absolute; complete. Having the character or given the rights of absolute ownership; not contingent; not subject to be defeated by a condition precedent. Rights are vested when right to enjoyment, present or prospective,… … Black's law dictionary