| − | 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 is 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. |