A '''life estate''' is the legal [[right]] of a person to occupy certain real [[property]] until their death, at which time the right to occupy the property will pass to another. A life estate may be granted as a "[[future interest]]" in real property. | A '''life estate''' is the legal [[right]] of a person to occupy certain real [[property]] until their death, at which time the right to occupy the property will pass to another. A life estate may be granted as a "[[future interest]]" in real property. |