单词 | life interest |
释义 | > as lemmaslife interest life interest n. an interest or estate which ends with the life of the holder or of another person; a right to a life estate. ΘΚΠ society > law > legal concepts > [noun] > interest > during lifetime only life estate1701 life interest1721 1721 Bunbury vs. Bolton: Respondents Case 3 For that the Fines which were taken by the Respondent Alderman Bolton, and which are directed to be applied to the Mortgagee, were chiefly taken out of th Appellant's Estate for Life, whereby the Appellant's Life Interest is unequally charged. 1807 W. Taylor in Ann. Rev. 5 200 Life-interests, such as entailed estates, church-livings and annuities, should be wholly sequestrable with less ceremony. 1870 E. A. Freeman Hist. Norman Conquest (ed. 2) II. App. 551 His life-interest in his prebend was forfeited. 1927 A. Conan Doyle Case-bk. Sherlock Holmes 277 The place belonged to her late husband, Sir James. Norberton has no claim on it at all. It is only a life interest and reverts to her husband's brother. 2001 N.Y. Times 21 Jan. iii. 10/4 A QTIP trust..would give a spouse a life interest in an asset that would ultimately go to another beneficiary. < as lemmas |
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