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Remainder Man
(redirected from Remaindermen)

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
Remainder Man
The person or organization that receives what remains of a trust at its dissolution. That is, once all obligations to the beneficiary have been satisfied and all expenses have been paid, the remainder man receives the rest of the assets in the trust. The remainder man only receives these assets at the end of the trust's life; it may or may not be the same person as the trustor.


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Consequently, the only individuals who could be donees of this gift are the remaindermen other than the grandchild.
Allen, Rights of Life Tenant and Remaindermen Inter Se Respecting Increase, Gains, and Enhanced Values of the Estate, 76 A.
For instance, the inherent conflict of interest between current beneficiaries and remaindermen (inheritors whose estate vests after a prior estate terminates) is not eliminated by the addition of a trust protector, no matter how sagacious the chosen party.
 
 
 
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