WEBVTT

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One home.

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Two successive interests.

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In this example, Morgan holds a life estate

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measured by Morgan's own life.

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Riley holds the remainder.

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Morgan has the present right to possession.

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Riley's right to possession comes later.

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Watch the timeline.

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When Morgan's measuring life ends, the life estate

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ends, and Riley's remainder becomes possessory.

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Now rewind.

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Suppose Morgan transfers the life estate to Casey.

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Casey receives only the interest Morgan had.

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The measuring life is still Morgan's.

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The transfer does not turn it into permanent

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ownership.

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A life estate can also be measured by

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another specified person's life.

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Quick check:

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can transferring a life estate extend it beyond

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the measuring life?

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No.

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The measuring life still sets its duration.