Estate, Family Provisions Claims, Life Interest, Remainderman Interest Valuations

Valuations for all Estate matters, under Wills and Estate Planning Law, on behalf of Executors, Trustees and Guardians, including Family Provision Claims, Pre Sale/Transfer and Assessment of Life Interest Tenancy Valuations of residential properties.

• Houses
• Household Furniture & Chattels
• Antiques & Art Work

Life Interest / Remainderman Interest Valuations:

A life interest relates to a situation where one party is granted the right to live in/on a property until the death of the life tenant and it is then passed to a third party.  Those who receive the property at the death of the life tenant are called 'remainderman/men'.

Both the life tenant and the remainderman have real interests in the property but they do not hold ownership at the same time.  The remainderman's interest does not become activated until the death of the life tenant.