Life estate
A life estate, at common law is an estate in real property that ends at death.Since it ends at death, and the owner of the life estate cannot leave it to his heirs or convey a larger interest in the land than what the owner actually owns, a life estate isn't an estate of inheritance. Life estates are measured either by the life of the owner of the estate, or by the life of some other person; these latter are called life estates pur autre vie, Law French for "during someone else's life."
Life estates are still created today, often as part of tax planning devices.
The Common Market will not fulfill its own high promise unless
our own policy have counterparts for our friends in Europe. For together we
everywhere--to build in partnership a new trading community in which all
effort.
These various elements in our foreign policy lead, as I have said, to a
This is our guide for the present and our vision for the future--a free
south, east and west, in one great family of man, outgrowing and
own lifetime. But the quest is the greatest adventure of our century. We
decisions, the agony of our choices. But there is no comfort or security
irresponsibility.
A year ago, in assuming the tasks of the Presidency, I said that few
defender of freedom.html">freedom in its hour of maximum danger. This is our good
this generation--of you in the Congress and of me as President--to live
pressures of life are not always distributed by choice. And while no
to seize the burden and the glory of freedom.
And in this high endeavor, may God watch over the United States of America.
***
State of the Union Address
January 14, 1963
Mr. Vice President, Mr. Speaker, Members of the 88th Congress:
I congratulate you all--not merely on your electoral victory but on your
Republic in what could be the most decisive decade in its long history. The
generations yet to come.
Little more than 100 weeks ago I assumed the office of President of the
pledged no easy answers. I pledged--and asked--only toil and dedication.
having witnessed in recent months a heightened respect for our.
On
wordlookup.net
All is still licensed under the GNU FDL.
It uses material from the wikipedia.
|
|