(law) Someone appointed to be an executor (the person who carries out the directions set forth in a will) and also be a trustee of an estate after the executor's duties have been completed.

plural of springing executory interest

(law) An interest in an estate in land created by the conditions of a grant wherein the grantor cuts short the grantor's own interest in the property in favor of the grantee, contingent upon the occurrence of a specific condition.

the office or position of an executor

plural of executorship

plural of executory interest

(law) A third party interest in an estate in land created by the conditions of a grant wherein the grantor gives the land to a second party, but with the occurrence of a condition divesting the second party of the land in favor of the third party.

plural of shifting executory interest

(law) A defeasible fee created with clear durational language expressing a condition (e.g. "so long as", "until", "while") which causes ownership of a property to revest in a third party identified by the grantor if that condition comes about.

plural of fee simple subject to executory limitation