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Author Question: Old Uncle Isaac has a cold and has become very morbid, talking continuously about funerals, death, ... (Read 120 times)

joesmith1212

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on: Aug 7, 2021
Old Uncle Isaac has a cold and has become very morbid, talking continuously about funerals, death, and wills. Now he asks about life estates and wills; should he give his wife, Juliet, a life estate? Which of the following is a true statement about wills and life estates?
◦ The life tenant is entitled to exclusive possession of the property for his or her remaining life and can extend the life tenancy by including the property in his or her will.
◦ A life estate can only be created by contract.
◦ The owner of the fee simple can grant a life estate only while he is alive.
◦ The holder of a life estate must not harm the value of the reversionary interest.
◦ If Isaac doesn't make out a will, his property will revert back to the Crown.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by joesmith1212 on Aug 7, 2021

eliasc0401

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Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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joesmith1212

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Reply 2 on: Aug 7, 2021
Thanks for the timely response, appreciate it

sarah_brady415

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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