A sole, unmarried landowner dies, leaving a life estate to her longtime companion and a remainder to the nephew. The nephew later transfers “any interest I have” to a creditor to satisfy a debt. The companion continues to reside in the residence. What is the creditor’s interest?

• A. The creditor has a vested remainder in the residence.
• B. The creditor has an executory interest in the residence.
• C. The creditor has both a vested remainder and an executory interest in the residence.
• D. The creditor has a mere expectancy with regard to the residence.

Answer: (C)