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  2. Life estate - Wikipedia

    en.wikipedia.org/wiki/Life_estate

    The ownership of a life estate is of limited duration because it ends at the death of a person. Its owner is the life tenant (typically also the 'measuring life') and it carries with it right to enjoy certain benefits of ownership of the property, chiefly income derived from rent or other uses of the property and the right of occupation, during his or her possession.

  3. How Does a Life Estate Pur Autre Vie Work? - AOL

    www.aol.com/does-life-estate-pur-autre-153904135...

    A life estate is a form of freehold estate, and the life tenant is guaranteed the use of the property for their lifetime (sometimes called a life estate "pur sa vie," which means "for his own life").

  4. Pur autre vie - Wikipedia

    en.wikipedia.org/wiki/Pur_autre_vie

    [1] [2] [3] For example, if Bob is given use of the family house for as long as his mother lives, he has possession of the house pur autre vie. A life estate pur autre vie can be created when a contingent remainder is destroyed, in a Doctrine of Merger situation, where one person acquires the life estate of another and thereby destroys a ...

  5. How Does a Life Estate Pur Autre Vie Work? - AOL

    www.aol.com/news/does-life-estate-pur-autre...

    The legal term “pur autre vie” means “for the life of another” in French and when used in property law refers to a life estate that a grantor bestows on another person, known as a life ...

  6. Remainder (law) - Wikipedia

    en.wikipedia.org/wiki/Remainder_(law)

    For example: A person, A, conveys (gives) a piece of real property called "Blackacre" "to B for life, and then to C and her heirs". B receives a life estate in Blackacre. C holds a remainder, which can become possessory when the prior estate naturally terminates (B 's death). However, C cannot claim the property during B 's lifetime.

  7. Which States Recognize Enhanced Life Estate Deeds? - AOL

    www.aol.com/states-recognize-enhanced-life...

    An enhanced life estate deed, often referred to as a “Lady Bird” deed, is a legal document utilized in some areas to streamline the transfer of property ownership. This deed simplifies the ...

  8. Estate (law) - Wikipedia

    en.wikipedia.org/wiki/Estate_(law)

    An estate can be an estate for years, an estate at will, a life estate (extinguishing at the death of the holder), an estate pur autre vie (a life interest for the life of another person) or a fee tail estate (to the heirs of one's body) or some more limited kind of heir (e.g. to heirs male of one's body).

  9. Understanding Conventional Life Estates - AOL

    www.aol.com/news/understanding-conventional-life...

    A conventional life estate grants possession and limited ownership of an asset to someone for as long as they live. It can be created using a deed, specified in a will or included as part of a trust.