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Home / Opinion Digests / Wills & Trusts – Life Estate – Future Interests – Conditions (access required)

Wills & Trusts – Life Estate – Future Interests – Conditions (access required)

The Supreme Court of Virginia holds that the “early-vesting” rule of will construction establishes the date at which monetary payments are required by a will, so the payments are conditions subsequent rather than conditions precedent. Testator devised a life estate to his wife with remainder interests to his three children in parcels of real estate upon ...