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  2. Which States Recognize Enhanced Life Estate Deeds? - AOL

    www.aol.com/states-recognize-enhanced-life...

    An enhanced life estate deed, often referred to as a “Lady Bird” deed, is a legal document utilized in some areas to streamline the transfer of property ownership. This deed simplifies the ...

  3. Rule against perpetuities - Wikipedia

    en.wikipedia.org/wiki/Rule_against_perpetuities

    The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.

  4. Life estate - Wikipedia

    en.wikipedia.org/wiki/Life_estate

    In common law and statutory law, a life estate (or life tenancy) is the ownership of immovable property for the duration of a person's life. In legal terms, it is an estate in real property that ends at death, when the property rights may revert to the original owner or to another person. The owner of a life estate is called a "life tenant".

  5. Probate court - Wikipedia

    en.wikipedia.org/wiki/Probate_court

    Probate courts administer proper distribution of the assets of a decedent (one who has died), adjudicates the validity of wills, enforces the provisions of a valid will (by issuing the grant of probate), prevents malfeasance by executors and administrators of estates, and provides for the equitable distribution of the assets of persons who die ...

  6. How Does a Life Estate Pur Autre Vie Work? - AOL

    www.aol.com/does-life-estate-pur-autre-153904135...

    The legal term "pur autre vie" means "for the life of another" in French and when used in property law refers to a life estate that a grantor bestows on another person, known as a life tenant, who ...

  7. Can I Remove Someone From My Life Estate? - AOL

    www.aol.com/remove-someone-life-estate-140024469...

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  8. Estate (law) - Wikipedia

    en.wikipedia.org/wiki/Estate_(law)

    An estate can be an estate for years, an estate at will, a life estate (extinguishing at the death of the holder), an estate pur autre vie (a life interest for the life of another person) or a fee tail estate (to the heirs of one's body) or some more limited kind of heir (e.g. to heirs male of one's body).

  9. Uniform Simultaneous Death Act - Wikipedia

    en.wikipedia.org/wiki/Uniform_Simultaneous_Death_Act

    The Uniform Simultaneous Death Act is a uniform act enacted in some U.S. states to alleviate the problem of simultaneous death in determining inheritance.. The Act specifies that, if two or more people die within 120 hours of one another, and no will or other document provides for this situation explicitly, each is considered to have predeceased the others.