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A life estate is a right to the use of real property for the duration of a person's natural life. It cannot be revoked unless the power to revoke for non-use was reserved in the document that created the life estate. Otherwise, you need to have the life estate holder sign a deed releasing their life estate in the property in order to clear the title.

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What is the difference between a revoked license and a restricted license?

A revoked license means the license was taken away. A restricted license means someone still has a license, but is limited in what they can do with it. For example, a person cannot legally drive with a revoked drivers license, but might be able to legally drive to and from work with a restricted license.


What is it when you cancle a law?

When a law is canceled, it means that the law is officially revoked or annulled, and it no longer has legal force or validity. This can happen through various legal processes, such as legislation or court decisions.


Is there a time limit to settle an estate in South Dakota?

There is no specific time limit to settle an estate in South Dakota, but generally, the process can take around six months to a year or longer depending on the complexity of the estate. Executors are expected to settle the estate in a timely manner but may request an extension if necessary.


How long does an administrator have to settle and estate in NJ?

In New Jersey, the timeframe for settling an estate can vary based on factors such as the complexity of the estate and any disputes that may arise. Generally, it can take around six months to a year or longer to complete the probate process and distribute the assets to the beneficiaries. It is advisable to consult with an attorney to understand the specific requirements and timelines for settling a particular estate in New Jersey.


How do you stop a revolcable living trust?

To stop a revocable living trust, you would need to revoke the trust agreement by formally stating your intention to revoke the trust in writing, signing the document, and having it notarized. Once the trust is revoked, it no longer has effect, and the assets would revert back to your ownership.

Related Questions

What does order revoked mean?

It has been cancelled, it is no longer valid.


If your doctor has recently had his license revoked can you still get post dated prescriptions filled?

no if you have a prescription dated after a Dr license was revoked , he was obviously no longer allowed to write scrpts


How long do your license be suspended?

6 mos or a year usually, if longer it is usually revoked permanently.


What happens to a home that is not sold and is part of an estate and the estate can no longer pay for the upkeep of this home?

The estate will have to sell or abandon the home.


What is toxic real estate?

Toxic real estate is that in which the value has fallen significantly and for which there is no longer a market for.


Can a quick claim be revoked?

No. Once you have conveyed your interest by a quitclaim deed you are no longer the owner and therefore, you have no rights in the property.


What happens if your license is revoked in Kansas?

You can no longer legally drive. And you probably won't be able to get a license in another state.


In Florida can a quitclaim deed be revoked prior to death?

Quitclaim deeds cannot be "revoked". Once the deed has been executed the property has a new owner: the grantee. The grantor in the deed no longer has any interest in the property.


What is the current California estate tax rate?

California no longer has an estate tax to speak of. It was repealed in 2005.


What does it mean when it says credit revoked by creditor?

It means that you can no longer purchase goods on credit. You will have to make payment for the items you get immediately.


How is the 4 amendment relevant to today?

It is no longer valid since George W Bush revoked the constitution in September 2001


Who pays taxes on estate that is controlled by the executor?

The executor of an estate uses the assets of the estate to pay any taxes or other debts owed by that estate. If it should turn out that the taxes owed exceed the value of the estate, then the executor pays as much as the estate consists of, after which there is no longer an estate.