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Remainderman


Definition of "Remainderman"

Michelle Yurich
  Signature Sotheby's International Realty

The individual who receives an interest in a life estate after the original life
tenant's interest expires. This normally occurs after the death of the life tenant. For example,
Mrs. Smith received a life estate in her husband's home. Her son was chosen as the remainderman
after her death to the life estate.



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