Creating Life Estate Deed
Summary
In Virginia, creating a life estate deed requires specific language to ensure it is legally binding. Clearly identify the life tenant and remainderman, using precise wording such as to [fiancé] for life, and upon his death, to [fiancée]. Consulting with an attorney is recommended to ensure the deed is properly drafted.Full Conversation
If fiance wants to prepare a life estate in Virginia with him as the life tenant and fiancee as remainderman are there specific words necessary or a special format?
In Virginia, to create a life estate, specific language should be used in the deed:
- Clearly state the life tenant (your fiancé) and the remainderman (you).
- Use language like "to [fiancé] for life, and upon his death, to [fiancée]."
Have you considered consulting with an attorney to ensure the deed is properly drafted?
not too many are genuinely versed in them.
In Virginia, creating a life estate deed involves specific language to ensure it’s legally binding. Here are some key points:
- Clearly identify both the life tenant and the remainderman.
- Use precise wording like "to [fiancé] for life, and upon his death, to [fiancée]."
Would you like more details on the process or assistance finding an attorney versed in life estates?