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Remainder-Man Meaning In Bengali
Remainder-Man শব্দের বাংলা অর্থ কি: বাকি ম্যান
Remainder-Man
Definition
1) The person who receives the remaining interest in property after a prior interest has expired.
2) A person who inherits the residual interest in property after certain conditions have been fulfilled.
3) An individual entitled to receive the remaining assets of a trust when it terminates.
Examples
Remainder-Man Example in a sentence
1) The trust was set up with the nephew as the remainder-man.
2) The remainder-man will inherit the property after the current tenant passes away.
3) The trust specifies the remainder-man as the charity organization.
4) She designated her daughter as the remainder-man in her will.
5) The lawyer explained the responsibilities of the remainder-man to the beneficiaries.
6) The remainder-man has the right to receive any remaining funds of the trust.
7) As the remainder-man, he will gain ownership of the estate once the life tenant dies.
8) The remainder-man was not aware of his future inheritance until the will was read.
9) The remainder-man's rights are protected by law.
10) The remainder-man is entitled to the assets left after the life estate expires.
Synonyms
Encyclopedia
The person who receives the remaining interest in property after a prior interest has expired.
A person who inherits the residual interest in property after certain conditions have been fulfilled.
An individual entitled to receive the remaining assets of a trust when it terminates.
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