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life estate

British  

noun

  1. property that may be held only for the extent of the holder's lifetime

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

If she is on Medicare/SSDI, you could buy her a home with your own funds and either lease it to her and/or allow her to live in it as a life estate.

From MarketWatch • May 9, 2026

A will cannot override a previously recorded life estate, since the decedent no longer holds full ownership of the property at the time of death.

From MarketWatch • Mar. 3, 2026

Generally, a life estate trumps a prenuptial agreement, and a prenup trumps a will.

From MarketWatch • Mar. 3, 2026

Discuss the merits of a life estate with your husband.

From MarketWatch • Feb. 10, 2026

He raised the needed money from usurers by giving them a mortgage on his own life estate in Lone itself.

From The Lost Lady of Lone by Southworth, Emma Dorothy Eliza Nevitte

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