Estate for life

Definition and stakes

Horace Gray McArthur v. Scott — Opinion of the Court

The equitable estate created by the gift in the sixteenth clause of the income to the children and grandchildren, being an estate which must endure for the lives of the children, and might endure throughout the lives of the grandchildren, though subject to be sooner determined in the contingency of the coming of age of the youngest grandchild, was technically an estate for life.
Source: Wikisource

Portrait of Robert Cooper Grier Robert Cooper Grier Abbott v. Essex Company Tenants…

Where, by one clause in a will, an estate for life, or an estate in fee-simple, is given by plain words, if it appear in other parts of the will, by explanatory words or by implication, that it was the intent of the testator in such devise that the issue should take the estate in succession after him, then the life estate is enlarged in the one case, and the estate in fee reduced in the other, to an estate tail.
Source: Wikisource

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