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No. Possession of the property has nothing to do with how long a life tenancy lasts. The "life tenant" (who is the owner for life) could be in a nursing home, in prison for life, living in Antarctica for 50 years, whatever.

The life tenancy, by definition, does not ordinarily terminate until the person whose life measures the estate ownership passes away, in fact, or has been deemed by a court to have passed away, in law (e.g., missing at sea for 7 years, or perhaps brain-dead for 2 years).

However, a life estate can be transferred to others, and may be terminated if the "others" in the transfer happen to be exactly the same people who would ordinarily get it after the life tenant's death.

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Q: Is a life estate terminated when the life tenant is placed in a nursing home due to alzheimers?
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