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Legal Terms – Expectant Heir
An individual who has an interest in the remainder or reversion of property or the potential to succeed to it (interest in expectancy). The court may invalidate an unconscionable contract with an expectant heir, such as one in which the heir transfers his inheritance at a reduced value to generate funds.
An individual who has an interest in the remainder or reversion of property or the potential to succeed to it (interest in expectancy). The court may invalidate an unconscionable contract with an expectant heir, such as one in which the heir transfers his inheritance at a reduced value to generate funds.
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