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Updated: May 31, 2025
Each baron and duke had but his life-interest in his barony or dukedom, and could not alienate it from his heirs by will. It was an infamous, a fraudulent subterfuge to divorce my poor mother, and so delegalize me a few months before my birth. But I will bide my time! This false heir may die. Such things do happen.
"No; I shall leave him the life-interest in the greater part of the property; but if he marry a foreigner, her children will not succeed, you will stand after him in that case. But now don't interrupt me but Frank looks as if he would live longer than you, so small thanks to me for my good intentions, you may say. I mean to do more for you than a mere barren place in the entail.
He said it was not my lord's intention to disturb Madam Esmond in her enjoyment of the estate during her life, but that his father, it had always been understood, had given his kinsman a life-interest in the place, and only continued it to his daughter out of generosity.
Draw a form of settlement that passes all my property to Miss Fleur's children in equal shares, with antecedent life-interests first to myself and then to her without power of anticipation, and add a clause that in the event of anything happening to divert her life-interest, that interest passes to the trustees, to apply for her benefit, in their absolute discretion."
This last revelation so magnified her future that she was well-nigh dazzled. "I shall advise my father," she said to herself, as she recrossed the bridge, "to give only the reversion of that property to his grandchildren, and let me have the life-interest in it. I have no idea of letting my daughter and son-in-law turn me out of doors; they must live with me."
Gradman grated: "Rather extreme at your age, sir; you lose control." "That's my business," said Soames sharply. Gradman wrote on a piece of paper: "Life-interest anticipation divert interest absolute discretion...." and said: "What trustees? There's young Mr. Kingson; he's a nice steady young fellow." "Yes, he might do for one. I must have three. There isn't a Forsyte now who appeals to me."
I explained to her the object of a marriage-settlement, and then told her exactly what her prospects were in the first place, on her coming of age, and in the second place, on the decease of her uncle marking the distinction between the property in which she had a life-interest only, and the property which was left at her own control.
"It is needless to trouble you with the provisions of the will in detail. There were the widow and three surviving children to be provided for. The widow received a life-interest only in a portion of the testator's property. The remaining portion was divided between Andrew and Selina two-thirds to the brother; one-third to the sister.
If she forfeited it, excepting, of course, the case of the deaths of both her guardians, she was only to have a life-interest in the property; if she obeyed it, the money itself was to become her own possession on the day when she completed her twenty-first year. This clause in the will, as I have said, took me at first by surprise.
My poor foster-brother had, it seems, in vain attempted to restrain the wasteful folly of his wife, and to persuade Johnny, the young heir-apparent, to larn to be a jantleman: in vain Christy tried to prevail on his lordship to "refrain drinking whisky preferably to claret:" the youth pleaded both his father's and mother's examples; and said, that as he was an only son, and his father had but a life-interest in the estate, he expected to be indulged; he repeated continually "a short life and a merry one for me."
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