life interest
life interest. An interest in real or personal property measured by the duration of the holder’s or another named person’s life. See life estate under ESTATE(1). [Cases: Life Estates 1. C.J.S. Estates §§ 28–29, 31, 34.]
life interest. An interest in real or personal property measured by the duration of the holder’s or another named person’s life. See life estate under ESTATE(1). [Cases: Life Estates 1. C.J.S. Estates §§ 28–29, 31, 34.]