Essential Masterclass
How to Pay for Care without Going Bankrupt

What Is a Life Estate?

Older couple holding a model house and smiling.

A life estate is a type of property ownership or tenancy that grants an individual the right to use and enjoy a property for the remainder or their life. It gives an ownership interest to someone else.

Some Assets Better Left Outside of Will

Photo of a Last Will and Testament with a pen.

That last will and testament you have tucked away? It may not be the last word on what happens to your stuff after you are gone. Instead, that legal document’s directives for doling out your wealth may be overruled by other paper­work and relevant laws.

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