Phrases with «remainder interest»

The phrase "remainder interest" refers to the legal right or ownership of a property or asset after a certain condition or time period has passed. It means that someone will have the right to own or benefit from something in the future, once a specific event or time has occurred. Full definition

Sentences with «remainder interest»

  • In the year the gift is made, the donor is eligible for a charitable income tax deduction for the value of the charitable remainder interest. (sheltermedicine.vetmed.ufl.edu)
  • The court held that the husband's vested remainder interest was marital property. (famlawconsult.com)
  • Life income or other planned gift (charitable gift annuity, charitable remainder trust, or remainder interest in a personal residence) (pspca.org)
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