The Law Dictionary

LIFE-RENT

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Scotch law. A right to use and enjoy a thing during life, the substance of it being preserved. A life-rent cannot, therefore, be constituted upon things which perish in the use; and though it may upon subjects which gradually wear out by time, as household furniture, yet it is generally applied to heritable subjects. Life-rents are divided into conventional and legal. 2. 1. The … [Read more...]

LIFE BENEFICIARY

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A person who receives lifetime benefits pursuant to a trust or by will. See AB trust. … [Read more...]

LIFE ESTATE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

The right to use and enjoy property for the duration of one's life. Typically this refers to a grant of real property where the person may live and enjoy the property during their lifetime but has no rights to sell or convey the property after death. Frequently used to keep property within a family. … [Read more...]

LIFE-SUSTAINING TREATMENT

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Medical procedures that will only prolong one's life temporarily and temporarily suspend death or prolong a comatose state. … [Read more...]

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