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LSDefine

Simple English definitions for legal terms

lives in being

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A quick definition of lives in being:

Term: Lives in Being

Definition: When someone owns a piece of land, they can transfer ownership to someone else. However, the transfer can only happen if there are people alive who could potentially inherit the land. These people are called "lives in being." For example, if a person wants to give their land to their children, they can only do so if their children are alive at the time of the transfer. If the children are not alive, the land cannot be transferred to them.

A more thorough explanation:

Definition: Lives in being refers to individuals who are alive at the time of a particular conveyance of real property. This means that the property can only be passed on to people who are currently alive.

  • John wants to leave his house to his children. However, he can only leave it to his children who are currently alive at the time of his passing. If any of his children have already passed away, their share of the property will go to their own children.
  • A wealthy landowner wants to donate a piece of land to a conservation organization. The land can only be given to individuals who are currently alive and can maintain the land for conservation purposes.

These examples illustrate how the term "lives in being" is used in real estate and property law. It ensures that property is only passed on to individuals who are currently alive and able to take ownership or maintain the property.

litigious | living trust

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15:30
fucking seriously dude we're readinf 1l of a ride
oh im reading that on my own
i feel like yall should read a fun book
NosyBeagle
15:34
can't join ur discord yet. im a next cycle baby
NosyBeagle
15:34
or an OF model if this shit doesn't start clicking
15:41
ive been banned from too many discords
15:42
you dont want me there
15:46
i want u there nemo
NosyBeagle
16:04
discord has been fine for me. i go nuts on twitter tho
16:08
I miss pre-Elon twitter
real
you go to twitter replies and it's all blue checks and bots now it's fugly
i just have a burner twitter for political updates
it's a cesspool
16:34
was twitter ever good
much better than it is now
16:34
i had it in 2015 and it was already ultra political rage bait
16:34
ok ya fair
nothing will top 2014 tumblr for me though
16:36
yo fr
16:36
2014 tumblr eating disorder core
there used to be a two-story american apparel in chicago and all the employees were beautiful and cool and here comes 13 year old me thinking i was just like them because i wore the same clothes
you are beautiful and cool tho
no YOU'RE BEAUTIFUL AND COOL!!!!!
it was like the hipster mecca
16:44
Tumblr ands its consequences have been a disaster for the human race
im glad i got over my tumblr politics phase in high school
Some people never grow out of it
NosyBeagle
18:45
ok my shift is over. byebye lawyers <3
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