"O to A, and upon A's death, to B" What is B's interest?

• A. Remainder
• B. Executory Interest
• C. Reversion
• D. Possibility of Reverter

Answer: (A)

The main idea is that this creates a life estate in A with a future interest that follows the life estate and becomes possessory when A dies. Since the transfer to B takes effect automatically at the end of A’s life, B holds a remainder. If B is named and capable of taking after the life estate ends, the remainder is vested; if B were unknown, it would be a contingent remainder. It isn’t a reversion because nothing goes back to the grantor, it isn’t a possibility of reverter because that attaches to a conditional transfer that reverts to the grantor, and it isn’t an executory interest because nothing divests A before the natural end of the life estate.