Reversionary interest - The right to receive the property held in a trust at some future date. For instance, a person might establish a trust containing Ј200,000 of shares which pays all income to his spouse until her death, and then when the spouse dies splits the capital equally between their children. In such a case, the children have a reversionary interest in the share portfolio.
Reversionary interest : the right to receive the property held in a trust at some future date. for instance, a person might establish a trust containing Ј200,000 of shares which pays all income to his spouse until her death, and then when the spouse dies splits the capital equally between their children. in such a case, the children have a reversionary interest in the share portfolio.
Reversionary interest