life tenant
71Harper v. Paradise — Harper v Paradise 210 S.E.2d 710 (1974) is a case heard by the Supreme Court of Georgia.FactsSusan Harper conveyed a life estate on a piece of property to Maude Harper for life, with the remainder in fee simple to go to her children. This deed… …
72Rule against perpetuities — The rule against perpetuities is a rule of law in effect under the property, trusts, estate, and contract law of many common law jurisdictions. The rule invalidates certain future interests (traditionally contingent remainders and executory… …
73transitional serial interest — England, Wales A type of interest in possession (IIP) trust that is not taxed under the relevant property regime. Instead, the life tenant is treated as the owner of the assets for inheritance tax purposes …
74privity — priv·i·ty / pri və tē/ n pl ties [Old French privité privacy, secret, from Medieval Latin privitat privitas, from Latin privus private] 1: the direct connection or relationship between parties to a contract or transaction (as a purchase) privity… …
75inhabitant — A word impossible of precise and inclusive definition, since the meaning varies according to the context in which it appears, particularly where the matter is one of determining the legislative intent in a statute. 25 Am J2d Dom § 10. Narrowly, a …
76Victoria Lord — Erika Slezak as Victoria Lord One Life to Live Portrayed by Erika Slezak (and others …
77List of French words and phrases used by English speakers — Here are some examples of French words and phrases used by English speakers. English contains many words of French origin, such as art, collage, competition, force, machine, police, publicity, role, routine, table, and many other Anglicized… …
78easement — ease·ment / ēz mənt/ n [Anglo French esement, literally, benefit, convenience, from Old French aisement, from aisier to ease, assist]: an interest in land owned by another that entitles its holder to a specific limited use or enjoyment (as the… …
79estate — es·tate /i stāt/ n [Anglo French estat, literally, state, condition, from Old French, from Latin status, from stare to stand] 1: the interest of a particular degree, nature, quality, or extent that one has in land or other property compare fee;… …
80power of advancement — England, Wales A power that enables trustees to pay or apply capital to, or for the benefit of, a beneficiary. Trustees may apply capital for the benefit of a beneficiary by creating new trusts for him (a settled advance). A power of advancement… …
