Warranty Deed with a Life Estate

A Life Estate is a legal arrangement that grants an individual (the life tenant) the right to use and reside in a property for the duration of their lifetime.

This structure provides secure housing and peace of mind, as the property automatically transfers to a designated person—known as the remainderman (typically an heir)—upon the life tenant’s passing. This transfer occurs outside of probate, offering a smoother and faster transition of ownership.

A Life Estate is particularly important for foreign property owners or individuals who do not have a valid U.S. will, as wills from other countries are not legally recognized in the United States.