The interests of both the fiduciary and the fideicommissary vested immediately on the death of the testator, and were therefore simultaneous and coextensive rather than successive.
If the condition upon which a future interest depends is precedent, the interest is contingent; if the condition is subsequent, the interest is vested, subject to defeasance.
The school's main objective is to extend a child's learning environment - from school to home to other settings where nurturing adults maintain a vested interest.
