What is a "Life Estate"?
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YouTubeValerie Van Pelt
What is a "Life Estate"?
A life estate is a legal arrangement where a homeowner transfers ownership of their property, typically to a child or family member, while retaining the legal right to live in that home for the rest of their life. Why does this matter? In some situations, it can simplify what happens to the property when the original owner passes, reducing or ...
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