Sentences with phrase «equitable life estate»

Modern estate planners have the property held in trust by a trustee with an equitable life estate beneficiary and a trust instrument that is more clear about who is responsible for what.

Not exact matches

Instead, «fair and equitable» is determined by looking at several factors such as, duration of marriage, contribution of the parties to the marital estate, age of parties, health of parties, life status of the parties, necessities and circumstances of parties, earning abilities, past relations and conduct, and general principles of equity.