future interests

Future interests are legal rights to property or assets that will or may become active in the future, rather than being immediately possessory. They are common in estate planning and property law, allowing someone to benefit from property later, such as through a trust or a condition. Examples include remainders (a future interest that takes effect after a current estate ends) and executory interests (which automatically cut short or follow other interests). These interests define who will have future ownership or benefits, helping to clarify rights and responsibilities over time.