wills

A contingent remainder is a subtype of a remainder, or a future interest in the grantee.

Contingent trust is a trust that can only be created should certain conditions be met as stated in a person’s will. To set up a contingent trust, a person states in their will the specific conditions they wish to be met in order for the trust to be created, which assets should go into the trust, and who are the beneficiaries.

• trust

A contingent will is a will that takes effect only when a specific condition occurs.

A contutor is a court appointed (i.e. by court order) or testamentary joint guardian of a ward. A ward is a person who cannot properly take care of themselves because of their age or legal incompetence.

To convey is to make a transfer of a property interest to another individual by either sale or gift. This transaction is known as a conveyance. 

A conveyance is the transfer and assignment of any property right or interest from one individual or entity (the conveyor) to another (the conveyee). This is usually accomplished through a written instrument - most often a deed - that transfers title to, or creates a lien on property.

A conveyee is a person or entity to whom property is conveyed. See also conveyance.

[Last reviewed in June of 2021 by the Wex Definitions Team]

Coparcenary refers to a type of property ownership where multiple people inherit the same property, and each person owns an undivided, transferable interest in the property. The term coparcenary has mostly been replaced with tenancy in common.

A corporate trustee is a bank, trust company, or investment firm that is appointed to administer a trust. Individuals often select corporate trustees for their professional expertise, resources, and continuity, which family members or friends may lack.

Corpus is a Latin word for "body" which can have several meanings, including referring to the body of the prisoner (as in habeas corpus) in the context of criminal law.