A life estate owner must share the income generated from the life estate with the owner of the remainder interest.

Name: A life estate owner must share the income generated from the life estate with the owner of the remainder interest.
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Question

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A life estate owner has the right to use the property and to benefit from any income it generates during their lifetime without sharing it with the remainderman, who will inherit the property after the life estate owner's death.

A Life Estate Owner Must Share the Income Generated from the Life