Legal Question in Wills and Trusts in Vermont

Re: provisions of use, life estate property

Insufficient information provided. What kind of property?

How held (titled) as a life estate, or a joint

interest for children's benefit? In trust?

Passed under a previous estate? How used?

Is it a living arrangment for an heir, or used

to generate cash (clear cutting of forests)?

There are more complexities here than you can imagine.

Is this real estate (undeveloped land), a residence,

or business related property? Are their any restrictions

in the deed? Has there been a previous full/partial gift?

Who holds the life estate? What is your vested/unvested interest

currently? Who are the parties in possession? Is there a written

lease/or verbal understanding among the parties?

I suggest you consult an attorney nearby and get

a professional opinion from one who knows and

understands "future interests" (ask them if they

took the subject in law school and if they did, if

they passed.) Good luck.