Who is a remainder man in terms of a life estate?

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A remainder man is specifically defined as the individual who is entitled to receive the property once a life estate comes to an end. In the context of a life estate, one party, known as the life tenant, has the right to use and occupy the property for the duration of their life. When that individual passes away or the life estate otherwise terminates, the property does not revert back to the original owner but instead passes on to the remainder man. This distinction is crucial in property law because it outlines the progression of ownership and ensures that the rights of all parties involved—especially the remainder man—are respected upon the conclusion of the life estate. Understanding this relationship is essential for grasping how estate planning and property transfers function in practice.

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