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Life estate

property that may be held only for the extent of the holder’s lifetime


Read Also:

  • Life event

    noun a major event that changes a person’s status or circumstances, such as giving birth, marriage, divorce, death of spouse, loss of job Examples Life events are very often discussed in terms of stress. Word Origin by 1862

  • Life-expectancy

    noun 1. the probable number of years remaining in the life of an individual or class of persons determined statistically, affected by such factors as heredity, physical condition, nutrition, and occupation. noun 1. the statistically determined average number of years of life remaining after a specified age for a given group of individuals Also called […]

  • Life-float

    noun 1. a ring-shaped float of balsa wood or metal tubing, having a grating or network at the center, for rescuing a number of survivors from a foundered vessel.

  • Life-force

    noun 1. . noun the soul

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