Introduction To Trusts - Understanding Beneficial Interests - Interests in possession and interests in remainder
4 important questions on Introduction To Trusts - Understanding Beneficial Interests - Interests in possession and interests in remainder
When a beneficiary has an interest in the remainder, when can they enjoy the interest? Is it immediately like an interest in possession?
Will a beneficiary with an interest in possession be able to enjoy the trust itself or are they only entitled to a specific part of the trust?
Once the beneficiary with an interest in possession dies, what can the beneficiary with an interest in the remainder be entitled to?
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Does the postponing of enjoyment of interest for the beneficiary with an interest in remainder make it contingent?
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