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Home / Opinion Digests / SCV: Will’s limits on asset uses suggest life estate (access required)

SCV: Will’s limits on asset uses suggest life estate (access required)

Although a will passed the testator’s residual estate to his surviving spouse, its substantial limitations on uses and transfer indicated that she inherited the residual assets as a life estate, not in fee simple. Background James E. Feeney III died in May 2012. He was married to Marjorie Feeney and had two sons from a prior marriage: ...