Future Interest
/ˈfjuːtʃər ˈɪntərɪst/
Definitions
- (n.) A legal right to property ownership that will begin in the future, after the expiration of a prior estate or condition.
She holds a future interest in the property that will commence after her father's death.
Forms
- future interests
Related terms
See also
Commentary
Future interests are key in estate planning and property law, requiring precise language to define when possession and ownership rights transfer.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.