This is called a viager. The life estate deed within a life estate is a document that grants the owner the ability to pass on ownership of a property without including it in a will as part of ...

If you decide not to set up a trust, you still have options for your home. One option might be a life estate. In this setup, you (as the “life tenant”) retain the right to live in your home ...

Life estates take precedence over other estate planning documents, such as wills, because assets in a life estate don't go through probate. While the life tenant is alive, they retain the right to ...