life in being

Definition of "life in being"
  1. Refers to the life of a specific individual, often a direct descendent, who is alive at the time a deed or trust is established or when the person creating a will passes away
How to use "life in being" in a sentence
  1. To ensure his property would stay within the family, the patriarch ensured the trust was valid for a 'life in being'.
  2. The will dictated that the estate would only go to a 'life in being', ensuring a descendent would inherit.
  3. The 'life in being' provision in the deed meant that current descendants would directly benefit from the property.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z