Transfer of property in favour of an unborn person: when does such person acquire interest in the…
Section 20 normally gives the unborn beneficiary a vested interest on birth, unless a contrary intention appears. Enjoyment may be postponed without postponing vesting. The…
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Transfer of property in favour of an unborn person: when does such person acquire interest in the property?
Answer and explanation
Correct answer A
Section 20 normally gives the unborn beneficiary a vested interest on birth, unless a contrary intention appears. Enjoyment may be postponed without postponing vesting. The transfer must also satisfy the prior-interest and entire-remaining-interest requirements of section 13.
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