What Does Life Estate Mean?

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What does Life Estate mean? Read on to discover the definition & meaning of the term Life Estate - to help you better understand the language used in insurance policies.

Life Estate

Life Estate

A life estate is an interest in a piece of real property that is given to a person for the entire duration of their life. Life estates are often passed on through trusts.

We hope the you have a better understanding of the meaning of Life Estate.

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