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remainderman

   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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The amount of the gift to each remainderman should be the present value of one-third of the $8,000 deemed to be transferred.
9) The capital of the trust belonged to the remainderman even when the specific assets making up the original capital were replaced by other assets.
Life Estate Deeds transfer the property directly to a new owner referred to as the remainderman upon the death of the previous owner.
 
 
 
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