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Life Estates
Posted on: 10/23/2023What is a life estate? A life estate is an interest in property that terminates upon the life estate holder’s death. Prior to their death, the life estate holder has the sole right to use the property (and benefit from income, if any). Upon their death, these rights transfer automatically to another party (the remainder […]
Read moreBeneficiary Deeds – Practical Steps Upon the Grantor’s Death
Posted on: 10/14/2022I wrote recently about beneficiary deeds in this post. If you haven’t read that post, I recommend you do so before continuing here. As I explain in that earlier post, a beneficiary deed is a great tool to transfer real estate outside of probate. This article walks through the practical steps a grantee should take […]
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