N.Y. Estates, Powers and Trusts Law 6-5.10 – When future estates are defeated
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§ 6-5.10 When future estates are defeated
Terms Used In N.Y. Estates, Powers and Trusts Law 6-5.10
- Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
A future estate cannot be defeated or barred by any disposition or other act of the owner of the precedent estate, nor by the destruction of such precedent estate by disseizen, forfeiture, surrender, merger or otherwise; but a future estate may be defeated in any manner which the creator has provided.