Ink

However, a life estate does not offer all of the protections against creditors that a spendthrift trust does; and in the case of intangible personal realestate, failing to use a trust could result in a dissipation of the principal by the life tenant. […] A life estate is usually created by deed but can be created by a lease. A life estate is an interest in a land for the life of the person that receives it. A life estate is completed by executing and recording a Deed. A life estate is true to its name.
Boston real estate

Information is deemed relaible but not guaranteed.

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