life tenant

The third party may have a legal right to limit the life tenant's use of the land.

A person with a life interest is known as a life tenant.

Under California law the stock dividends were attributed to the life tenant.

When all life tenants are dead, the remainderman holds full title.

The owner of a life estate is called a "life tenant".

In the interest of the life tenant, such property should be converted into income bearing properties.

The life tenant would have to pay the widow her annuity and the other children their portions.

A life interest ends when the life tenant dies.

This could apply where A is a life tenant under a foreign trust and A was the settlor.

The law assumes that future property is of no benefit to the life tenant, and thus must be sold to obtain income producing investments.

(5) Certain deductions of life tenants and income beneficiaries of property.

Richard Penderel was the life tenant of the farm by 1651, by which time it is assumed that his father had already died.

In 1528 Underwood, as life tenant in right of his wife, transferred the property to another non-resident, again by attorney.

Where the life tenant opens the land for new mines (i.e., voluntary waste) a remainderman can enjoin such.

Upon the death of the life tenant, his eldest son, the remainderman, would then be tenant in tail in possession.

In a typical interest in possession trust, the life tenant receives all the income from the trust for the rest of his or her life.

Life estate: An estate lasting for the natural life of the grantee, called a "life tenant."

The fact that the life tenant is domiciled in the United Kingdom when he dies or gives his life interest away is irrelevant.

In the example of a life interest trust, the interest in possession ends when the income beneficiary, also called the life tenant, dies.

In Rhode Island, a fee tail is treated as a life estate with remainder in the life tenant's children.

With no issue, he was succeeded by his brother John, leaving his wife Elizabeth as life tenant of West Wycombe.

These are considered to be non-permanent investments, and may be of significantly reduced or no value by the time of the death of the life tenant.

The life tenant under a will is entitled to income earned after the testator's death, but it often takes some time to ascertain and settle all of those debts.

The trustees sold a house that was part of the trust property and in breach of trust paid the proceeds of the sale to a life tenant.

Harper claims title as remainder men under a deed to a life tenant with the remainder interest to the named children of the life tenant.