future estate

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• future estate — A claim on property, real or personal, that will begin at some point in the future. A future interest allows the grantor to retain the right to use that property until the specified transfer date. Future interest agreements are often used by… …   Law dictionary

• future estate — noun see future interest * * * future estate, a freehold that is owned but cannot be enjoyed until some time in the future, such as property that is to go to a wife after her husband s death …   Useful english dictionary

• 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

• future interest — see interest 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. future interest …   Law dictionary

• vested future estate — An estate which exists when there is a person in being who would have an immediate right to the possession of the lands upon the ceasing of the intermediate or precedent estate. Palmer v Dunham, 52 Hun 468, 471, 6 NYS 46. See vested remainder …   Ballentine'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

• 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

• future interest — noun or future estate : an interest or estate in property limited or created so that its owner will come into the use, possession, or enjoyment of it at some future time : estate in expectancy …   Useful english dictionary

• Estate planning — is the process of accumulating and disposing of an estate to maximize the goals of the estate owner. The various goals of estate planning include making sure the greatest amount of the estate passes to the estate owner s intended beneficiaries,… …   Wikipedia

• estate, future — n. An estate for which a person might receive title or interest some time in the future. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary