Meta Description: A life estate is a powerful tool in estate planning that allows property owners to transfer real property to a chosen beneficiary, known as the remainderman, while retaining the right to live on and use the property for the rest of their life. This guide breaks down the benefits—like probate avoidance and Medicaid […]
What is Freehold Law? Freehold refers to the legal system governing the ownership of real property for an indefinite duration, granting the owner the highest degree of rights and control over both the land and any structures attached to it. It is the foundation of long-term property security. When you hear the term “property ownership,”
Meta Overview: Understanding Your Leasehold Interest Leasehold law governs the temporary rights to possess and use real property without owning the underlying land. This comprehensive guide breaks down the four core types of leasehold estates—Tenancy for Years, Periodic Tenancy, Tenancy at Will, and Tenancy at Sufferance—and clarifies the critical rights and duties of both landlords
Understand future interests in property law, including how they are created, the key types (reversions, remainders, executory interests), and their role in estate planning and real estate. In the complex world of property and estate law, not all rights to ownership are immediate. A “future interest” represents a legal right to a property that you