Contingent estate

CONTINGENT ESTATE. A contingent estate depends for its effect upon an event which may or may not happen: as an estate limited to a person not in esse or not yet born. Crabb on Real Property, b. 3, c. 1, sect. 2. Sec. 946.

References in periodicals archive ?
Intended for practitioners in the field of bankruptcy law, the authors address several topics, including: valuation as a legal principle and valuation methods, valuing contingent estate causes of action, litigating and settling valuation questions in corporate bankruptcy, and more.