Remaindermen Sample Clauses
The Remaindermen clause defines the rights of individuals or entities who are entitled to inherit or receive property after the termination of a prior interest, such as a life estate. In practice, this clause specifies who the remaindermen are and under what conditions they will receive the property, often following the death of a life tenant or the expiration of a trust. Its core function is to ensure a clear and orderly transfer of property interests, preventing disputes and uncertainty about future ownership.
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Remaindermen. This Trust shall terminate upon the death of , and the State shall be reimbursed for the total medical assistance provided to during his lifetime, as consistent with federal and state law. All remaining principal and accumulated income shall be paid over to the Estate of , provided that the Beneficiary, , has not executed In writing, before a notary public, an amendment to this Trust Agreement naming a remainderman or remaindermen. The Trustee shall accept any and all amendments executed by the Beneficiary, and attach them to her original copy of this Trust Agreement.
Remaindermen. All remaining principal and accumulated income shall be distributed: To the Settlor’s daughter, ▇▇▇▇▇ ▇▇▇▇▇, if she should then be deceased, distribution shall e to the Settlor’s stepson, ▇▇▇▇▇ ▇▇▇▇▇, of if he then deceased, to his issue, by representation. However, that if any such issue be either minors or disabled so as to be entitled to government entitlements but for the existence of this Trust Fund, this Trust shall continue for the remainderman as a per the provisions of the ▇▇▇ ▇▇▇▇▇ TRUST FUND.
Remaindermen. All remaining principal and accumulated income shall be distributed:
a) To the Settlor’s daughter, Lucy McGillicutty, if she should then be deceased, distribution shall be to the Settlor’s stepson, Desi McGillicutty, or if he then be deceased, to his issue, by representation.
b) However, that if any such issue be either minors or disabled so as to be entitled to government entitlements but for the existence of this Trust Fund, this Trust shall continue for the remainderman as a per the provisions of the ▇▇▇▇▇▇▇▇ McGillicutty Trust Fund.
Remaindermen. Upon the death of the Designated Beneficiary, the remainder of the Trust Account shall be distributed pursuant to paragraph 7 of the Trust Agreement. This designation may not be changed.