Where an estate is devised, without any limitation of the quantity of interest, to trustees in trust for a limited purpose, with remainder to persons to whom the beneficial interest is given, the legal estate given to the trustees will cease on the satisfaction of the limited purpose, and will vest in the persons beneficially entitled in remainder.
Citations:
[1836] EngR 431, (1836) 1 Keen 33, (1836) 48 ER 218
Links:
Jurisdiction:
England and Wales
Wills and Probate, Trusts
Updated: 01 October 2022; Ref: scu.314763
