Chapter 3 talks about life estates. Write a short essay explaining how a life estate works. Do a quick web search and tell us what a “measuring life” is as related to a life estate. Does the measuring life need to be the person holding the life estate? Give an example.
Your response will be graded based on the following rubric:
10 points for explaining how a life estate works
10 points for explaining how a measuring life works
10 points for providing an example