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9 February, 06:20

When a life estate terminates a new person inherits whatever remains in a new estate. The name of the estate which remains is referred to as:

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  1. 9 February, 09:02
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    correct answer is Remainder estate

    Explanation:

    when life estate terminates

    here life estate mean that property given for the duration of an individual lifetime

    so here name of estate is refer to Estate in Remainder Law

    because Estate in Remainder Law say that estate in remainder refer to estate that is vests after termination of prior estate for the instance life estate

    and It is create at the same time and same instrument

    so here correct answer is Remainder estate
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