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remainderman
(redirected from Remainder men)

   Also found in: Legal, Financial, Wikipedia 0.01 sec.
remainderman [rɪˈmeɪndəˌmæn]
n pl -men
(Law) Property law the person entitled to receive a particular estate on its determination Compare reversioner


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WHEN AND HOW TO USE GRITS, GRANTS AND GRUNTS The most-recognized victim of the new valuation rules is the GRIT, in which an individual places cash or other assets in trust for remainder men, such as children, but retains the income from trust assets for a specified period of time, such as 10 years.
 
 
 
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