The unborn person acquires vested interest on transfer for his benefit:
Under section 20 an unborn beneficiary acquires a vested interest upon birth unless the transfer indicates a contrary intention. Vesting need not await enjoyment. None of…
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The unborn person acquires vested interest on transfer for his benefit:
Answer and explanation
Correct answer D
Under section 20 an unborn beneficiary acquires a vested interest upon birth unless the transfer indicates a contrary intention. Vesting need not await enjoyment. None of the offered 60-, 75- or 90-day waiting periods is prescribed.
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