A transfers property to B in trust for C, directing B to hand possession to C at age 25. Nothing in the transfer makes C's acquisition of the interest conditional on surviving to 25. What interest…
Question and options
A transfers property to B in trust for C, directing B to hand possession to C at age 25. Nothing in the transfer makes C's acquisition of the interest conditional on surviving to 25. What interest does C have?
Contingent interest
Vested interest
Both contingent and vested interest
No interest
Answer and explanation
Section 19 distinguishes vesting from enjoyment. An intention against vesting is not inferred merely from postponement of possession or enjoyment. A contrary condition could change the outcome, but is excluded in this formulation.
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