New York Estates, Powers & Trusts Law Section 6-4.7 - Definition of a future estate indefeasibly vested

6-4.7 Definition of a future estate indefeasibly vested
A  future  estate indefeasibly vested is an estate created in favor of
  one or more ascertained persons in being which is certain  when  created
  to  become  an  estate  in possession whenever and however the preceding
  estates end and which can in no way be defeated or abridged.

Last modified: February 3, 2019