- future interests
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Law.interests in personal or real property, the possession and enjoyment of which are to commence at a later date.
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Universalium. 2010.
future interests
Look at other dictionaries:
Future interests (actuarial science) — Future interests is the subset of actuarial math that divides enjoyment of property usually the right to an income stream either from an annuity, a trust, royalties, or rents based usually on the future survival of one or more persons (natural… … Wikipedia
future interests — Interests in real or personal property, a gift or trust, or other things in which the privilege of possession or of enjoyment is in the future and not present. Commissioner of Internal Revenue v. Wells, C.C.A.6, 132 F.2d 405, 407. An interest… … Black's law dictionary
future interests — Interests in real or personal property, a gift or trust, or other things in which the privilege of possession or of enjoyment is in the future and not present. Commissioner of Internal Revenue v. Wells, C.C.A.6, 132 F.2d 405, 407. An interest… … Black's law dictionary
future interests — Remainders, reversions, executory interests, and other interests to come into possession or enjoyment in the future, whether vested or contingent, and whether or not supported by a particular estate. The title of an advanced course on the law of… … Ballentine's law dictionary
future interests — Law. interests in personal or real property, the possession and enjoyment of which are to commence at a later date … Useful english dictionary
future — fu·ture n: a contract traded on an exchange in which a party agrees to buy or sell a quantity of a bulk commodity (as soybeans) at a specified future date and at a set price usu. used in pl. ◇ If the price of the commodity has gone up when the… … Law dictionary
alienability of future interests — The right of an owner of an interest which vests in possession or enjoyment in the future to transfer such interest beforehand … Black's law dictionary
descendibility of future interests — Legal suitability of a future interest such as a remainder or executory interest to pass by inheritance on death of the holder … Black's law dictionary
alienability of future interests — The right of an owner of an interest which vests in possession or enjoyment in the future to transfer such interest beforehand … Black's law dictionary
descendibility of future interests — Legal suitability of a future interest such as a remainder or executory interest to pass by inheritance on death of the holder … Black's law dictionary
