Remainderman Legal Meaning and Definition

Here is a simplified definition of the legal term Remainderman.

Remainderman (noun)

A Remainderman is the individual who is set to receive or inherit a property, right, or interest after the expiry or conclusion of preceding claims or life estates. This term is commonly used in wills, trusts, or land transfers to indicate who takes control or ownership once certain terms or conditions have been met. For instance, if a will specifies that a property should pass to a spouse for the duration of their life (a life estate), and then to their children, the children would be the 'Remainderman'.