CG37320 - Absolute entitlement: termination of life interest
It is very common for a deed to give a person a life interest, with the property going absolutely to one or more individuals, or to the members of a class of persons, on the death of that person. This gift over (`remainder바카라 사이트™) may be absolute, or it may be contingent on an individual or member of the class being alive on a particular date. If it is absolute and a particular individual fails to survive the life tenant, the property goes to that individual바카라 사이트™s heirs. If the gift is contingent, and one or more beneficiaries fail to fulfil the contingency, their interest fails and the other beneficiaries get a bigger share, or it goes to a different beneficiary.