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In this case, Susie is the life tenant and John is presumed to be the remainderman who owns the estate in reversion and will reacquire title upon the death of Susie. “John Jones, a single man ...
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 ...
Later in this article, we explain where you can get professional advice on your later life options ... will form part of your estate. An advantage of a home reversion plan is that you get to ...
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 ...