Legal Question in Wills and Trusts in Virginia
Lifetime Rights
My uncle died and in his will he stated that his house was to be inherited by his sister, with lifetime rights to her son (he used to live with my uncle). What does lifetime rights mean in this case? The son has moved out of the house and it is currently vacant.
2 Answers from Attorneys
Re: Lifetime Rights
You are using the term "lifetime rights" which is
not a typical way to describe this situation.
SO I would recommend studying the will to see
exactly how it is worded. For example, some
wills might suggest that the son has to actually
live there to have the benefits of it. Otherwise
the son would have the right to rent it out, etc.
A life interest or life estate means that the
person OWNS the house just like any other owner,
except that their ownership instantly terminates
at their death.
However, because the person owns the house only
until their death, they cannot sell it or
take a mortgage on it without the permission of
the other owner (called the "remainderman").
Also, the life tenant does have some
responsibilities to keep the house in
reasonably good shape and not commit "waste"
that would prejudice the later owner, the
remainderman.
Exactly what responsibilities the life tenant
has is tricky, becuase there is a difference
between regular maintenance vs. predictable
wear and tear. The life tenant does not have to
avoid routine wear and tear.
Re: Lifetime Rights
"Lifetime rights" most probably refers to a provision in your uncle's will wherein his nephew, i.e., his sister's son, has been granted a life estate which, if so, would entitle this particularly beneficiary to inhabit and have full use of the house and land during the course of this person's life, subject to whatever conditions which may be outlined in the will.
You may wish to have an attorney appropriately knowledgeable in wills, trusts, and estates, to review the will and clarify further any ambiguities which may continue to persist.