Kansas Statutes 58-505. Same (rule in Wild’s case)
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Terms Used In Kansas Statutes 58-505
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
- Property: includes personal and real property. See Kansas Statutes 77-201
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
In the case of instruments disposing of property of which the following is a type: “A to B and his or her children,” the doctrine of the common law known as the rule in Wild’s case shall not hereafter apply, and the instrument shall create a life interest in B and a remainder in his or her children. The rule here prescribed applies when the expression is “children,” or “issue,” or words of similar import.