§ 765 ILCS 340/0.01 Short title
§ 765 ILCS 340/1 No future interest shall fail or be defeated by the determination of …
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Terms Used In Illinois Compiled Statutes > 765 ILCS 340 - Contingent Remainder Act

  • Contract: A legal written agreement that becomes binding when signed.
  • Donor: The person who makes a gift.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.