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Electronic Title Lists | U.S. Copyright Office. Law Policy. Registration. Recordation. Recordation of Transfers and Other Documents.
An interest in land that lasts only for the life of the holder. Thus, the holder of a life estate cannot leave the land to anyone in their will, because their interest in the land does not survive the person.
Electronic Title Lists | U.S. Copyright Office. Law Policy. Registration. Recordation. Recordation of Transfers and Other Documents.
A life estate creates the right for an individual to occupy and use property during their lifetime, or the lifetime of another (known as a life estate autrie vie), while being owned by a different individual. The person who has the right to occupy and use the property is called the life tenant.
A lifetime tenancy means that a person holding one - a life tenant - has the right to live in their property indefinitely until death but may not normally sell or pass on any interest in the property beyond the time of their death.
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The life tenant is able to use and occupy their home for the remainder of their life and be transparent with beneficiaries about what will happen with the property upon their death.
The life use is an ownership interest in the real estate. And the ownership interest has a value in the eyes of the Connecticut Department of Social Services (DSS). It is based on the actuarial tables for how long a person at a certain age is expected to live.
The life use is an ownership interest in the real estate. And the ownership interest has a value in the eyes of the Connecticut Department of Social Services (DSS). It is based on the actuarial tables for how long a person at a certain age is expected to live.
A remainderman is considered the beneficiary of a life estate and stands to inherit any remaining property after the life tenants death.
If a couple has a life estate and one spouse dies, the remaining spouse is the sole owner of the life estate. When the remaining spouse dies, the person holding the remainder interest then has the right to possess and use the property.

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