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 tenant, who ...

A life estate is a property, usually a residence, that an individual owns and may use for the duration of their lifetime. This person is called the life tenant and shares ownership of the property ...

Commissions do not affect our editors' opinions or evaluations. A life estate is a type of interest in real property. It lasts for the duration of a specific person’s lifetime. When that person ...

It seems that many events in life fall on a continuum between luck and skill. Understanding the concept of reversion to the mean, and its role in determining many of life’s outcomes, can make ...

Client can remain in the home (most usually rent-free) for the rest of their life. The loan ... value of the client’s estate for planning/sale purposes. A home reversion plan means the client ...

A. Life estates are used for various estate planning purposes, but the most common is where a parent transfers a home to a child and retains a life estate for themselves. As a result of the ...