remainder subject to open

A vested remainder that is given to a class of persons whose numbers may change over time and that is to be shared equally by each member of the class.

• An example is “to A for life, and then equally to all of B’s children.” The class must have at least one member, but more can be added over time.

— Also termed remainder subject to partial divestment; remainder vested subject to open.

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词条贡献者

法律翻译Dan，在一家专注于能源领域的国际律师事务所担任全职法律翻译，擅长翻译有关新兴技术领域的法律文件。