vested in interest

vested in interest

Consummated in a way that will result in future possession and use. • Reversions, vested remainders, and any other future use or executory devise that does not depend on an uncertain period or event are all said to be vested in interest. [Cases: Wills 628–638. C.J.S. Wills §§ 1320–1379, 1551.]

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