Changes

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.  The most common life estate is that of a surviving spouse, who will usually have the right to remain in the home, as long as s/he so desires, even if title to the home was granted to another (such as their child).

[[Category:Real Estate]]

[[Category:Real Estate]]

[[Category:Law]]

[[Category:Law]]