Urgent Property Conveyance Question
Posted: Mon Apr 30, 2012 1:17 pm
A conveys to M for life, then to M's children and their heirs, but if at M's death she is not survived by any children, then to D and his heirs.
At time of conveyance, M has no children, but five years later, she has two children E and J. E predeceases M, but J survives M.
My only question is that does E's heirs get a cut?
M's kids have alternative contingent remainders, I understand, but if only one of the kids survive, does the other kid who did not survive still get a cut because at least one survived? Or is this a situation where it does not vest until M's death and only in the surviving kids.
Thanks
At time of conveyance, M has no children, but five years later, she has two children E and J. E predeceases M, but J survives M.
My only question is that does E's heirs get a cut?
M's kids have alternative contingent remainders, I understand, but if only one of the kids survive, does the other kid who did not survive still get a cut because at least one survived? Or is this a situation where it does not vest until M's death and only in the surviving kids.
Thanks