N.Y. Estates, Powers and Trusts Law 6-4.9 – Definition of a future estate vested subject to complete
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§ 6-4.9 Definition of a future estate vested subject to complete
defeasance
A future estate vested subject to complete defeasance is an estate created in favor of one or more ascertained persons in being, which would become an estate in possession upon the expiration of the preceding estates, but may end or may be terminated as provided by the creator at, before or after the expiration of such preceding estates.