In Re Townley Bypass Unified Credit Trust

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• remainder interest occurs when pos-sessory interest in property like a life estate is given to one person, with a subsequent taking of estate in another person
• remainder interest occurs when possessory interest in property like a life estate is given to one person, with a subsequent taking of estate in another person
• term \beneficiary\ includes both income beneficiary and all remainder beneficiaries

Source: CourtListener parenthetical corpus (CC0).