Lawyers on Call: Life estates
BINGHAMTON (WBNG) -- In today’s Lawyers on Call, Associate at Coughlin & Gerhart Emily M. Lovelass explains life estates.
“A life estate is a device you can use in a deed to transfer your interest in real property to another person while still retaining control and use of it during your lifetime,” Lovelass said. “We often see clients at Coughlin & Gerhart who want to use a life estate to give home or land to their children.”
To get in contact with Coughlin & Gerhart, visit the Coughlin & Gerhart LLP website.