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Savable for 2823 Da Form

Savable for 2823 Da Form

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in this video we will discuss vested remainders subject to open you'll also see this referred to as a vested remainder subject to partial divestment this is a vested remainder so it's a future interest with a known identified ascertainable person and the interest is unconditional but there could be more persons in the future sharing in this interest so let's say our Grand Tour says I'm giving this land now to Sally for as long as she lives and then to her children and we'll say at this point Sally has one child Jimmy it's 2015 and sally has the land we know that when she passes away maybe in 2040 the land should go to Jimmy because Jimmy is Sally's child at that point Jimmy has the land but it's possible that next year Sally will have another child Timmy and the grantor said unconditionally the land goes to Sally for as long as she lives and then her children it's possible that in 2040 Jimmy and Timmy will share th

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