Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

What Is a Life Estate? Life estates are most commonly used with real estate and are created by the owner of the property. If you own your home, you are considered the life estate tenant. As the life ...

I’m trying to determine the value of an interest in real estate in a complicated scenario. The original owner died without a will. He had been married two times, and his second wife is selling ...

A life estate deed is an easy and inexpensive way to protect your primary residence from being subject to Medicaid Estate Recovery upon your death. Per prior articles, your real estate is not a ...

Q: My parents transferred title to their home into their trust but kept a life estate. Why would they have done this? Does the life estate go away automatically now that they have both passed away or ...

I’m looking for help interpreting a life estate clause in a 2019 deed. It says: “Reserving to Louise a life estate in the above-said premises during the remainder of her lifetime and to receive her ...

Due to changes in Medicaid rules, the once-common practice of utilizing a life estate to protect the value of an individual’s residence from long-term care costs, such as a nursing home or assisted ...

Dear Monty: My mom put her house in my name and kept a life estate on it. She moved out several years later into an assisted living facility. She now claims the house still belongs to her. Did her ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. As of November 2023, the Federal Reserve has halted interest rate increases.

June Slagle owned a life estate mineral interest in McKenzie County prior to her death on April 23, 2016 (the “Slagle Interest”). The remainder was owned by the June Slagle Family Mineral Trust (the ...