A life estate in Texas can be measured by:
Question & Answer
Review the question and all answer choices
Only the life of the grantee
Option A is incorrect because it's too restrictive. While a life estate can be measured by the grantee's life, Texas law also allows for life estates measured by another person's life.
The life of the grantee or another person
A fixed term of years
Option C is incorrect because a fixed term of years creates a different type of estate called a term of years estate, not a life estate. Life estates are specifically measured by lives, not time periods.
The life of the grantor only
Option D is incorrect because it only considers the life of the grantor. While a life estate could be measured by the grantor's life, this isn't the only possibility, making this option too restrictive.
Why is this correct?
Option B is correct because Texas law allows life estates to be measured by either the life of the grantee or the life of another person (pur autre vie). This provides flexibility in estate planning and property transfers.
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