This is a limited preview — please sign in or subscribe to learn everything we know about the term “life estate”.

life estate

noun

Definitions of life estate

  • an estate granted only for the life of the grantee (=the person to whom the estate has been granted, known as a life tenant)

    "While a life estate can be advantageous, individuals with significant estate tax exposure should consider other options."

Phrase Bank for life estate

Additional Notes for life estate

TransLegal