future interest

FUTURE INTEREST

FUTURE INTEREST future interest. A property interest in which the privilege of possession or of other enjoyment is future and not present. ? A future interest can exist in either the grantor (as with a reversion) or the grantee (as with a remainder or executory interest). Today, most future interests are equitable interests in stocks […]

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future interest

future interest A property interest in which the privilege of possession or of other enjoyment is future and not present. ? A future interest can exist in either the grantor (as with a reversion) or the grantee (as with a remainder or executory interest). Today, most future interests are equitable interests in stocks and debt

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