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remainderman
(redirected from Remainder men)

   Also found in: Financial, Wikipedia 0.01 sec.

remainderman n. the person who will receive a remainder in real property. (See: remainder)



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The most-recognized victim of the new valuation rules is the GRIT, in which an individual places cash or other assets in trust for remainder men, such as children, but retains the income from trust assets for a specified period of time, such as 10 years.
 
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