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A remainderman is considered the beneficiary of a life estate and stands to inherit any remaining property after the life tenant's death.

abbreviation. Britannica Dictionary definition of C/O. care of. ◊ This abbreviation is used in addresses when you are sending a letter or package to a person by using someone else's address or the address of a company. The letter was addressed to “John Smith c/o Merriam-Webster, Inc.”

A remainderman is a beneficiary in a life estate who will inherit property after the life tenant's death. There can be more than one remainderman if you divide the property.

Dower & Curtesy Defined As you might expect, the estate of curtesy is held by a widower upon his wife's death.

A co-owner is an individual or group that shares ownership of an asset with another individual or group. Each co-owner owns a percentage of the asset, although the amount may vary according to the ownership agreement.

The remainderman is the person who receives the real estate on the life estate deed. If the remainderman dies before the life estate holder, his interest in the property may pass to his heirs or any other remaindermen named on the life estate deed.

The life tenant is the person who has the life estate, or entitlement to the use of property during their lifetime. The second party is the remainderman, or person with a remainder interest who is entitled to full ownership upon the death of the life tenant.

Common Abbreviations/Acronyms On Property Tax Bills AbbreviationDescriptionC/OCare ofCUSTCustodianESTEstateEt alAnd others15 more rows

A life estate is an interest in real property or assets that a person is given for the duration of his or her life. This interest can take many forms, including use of a family home, use of a cottage, or access to income from an investment portfolio.

A remainderman is a property law term that refers to a person who stands to inherit property at a future point in time upon the termination of a preceding estate—usually a life estate. A remainderman is a third person other than the estate's creator, initial holder, or either's heirs.