Statute · New York Estates, Powers & Trusts Law

N.Y. Est. Powers & Trusts Law § 6-4.9 — Definition of a future estate vested subject to complete

N.Y. Est. Powers & Trusts Law § 6-4.9

Type
Statute
Source
New York Estates, Powers & Trusts Law
Jurisdiction
New York
Current through
Nov 4, 2026 (NY Senate Open Legislation)

§ 6-4.9 Definition of a future estate vested subject to complete

Citator

N.Y. Est. Powers & Trusts Law § 6-4.9 — Definition of a future estate vested subject to complete is in force in the current edition of the Code, and nothing recorded condemns it.

§ 6-4.9 Definition of a future estate vested subject to complete

defeasance

A future estate vested subject to complete defeasance is an estate created in favor of one or more ascertained persons in being, which would become an estate in possession upon the expiration of the preceding estates, but may end or may be terminated as provided by the creator at, before or after the expiration of such preceding estates.