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Law for Accountants: Property Oscar conveys his land “ to Alice for life, then to Bea...

Law for Accountants: Property

Oscar conveys his land “ to Alice for life, then to Bea for life, then to Cathy and her heirs”.

What interests do the following have on the day of the conveyance?:

Alice?

Bea?

Cathy?

Cathy’s heirs?

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Answer #1

eleccions lote estate Interest are created, Alice has life estate, Far Bea Bea has lite estate after death of Alice Ib For Ca

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