By Thomas Bonte | Published May 19, 2014 | |
The purpose behind life estates is to permit individuals to live in or use property, typically until their death. However, residents on a life estate are co-owners with one or more additional people (also known as remaindermen). While residents typically have full responsibilities for paying property-related bills, they do not have the right to do Read MoreRead More
Q: What is estate planning?
A: Estate planning involves agreements and documents defining arrangements for transferring ...