Anna transfers, to her mother Mildred, the right to use Anna's second home so long as Mildred is alive. This is known as:

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A life estate is a type of property ownership where the holder of the life estate (in this case, Mildred) has the right to use the property for the duration of their life. Once the life estate holder dies, the ownership of the property reverts to the original owner (in this case, Anna) or to another designated party. This is different from a fee simple or a fee absolute, which gives the owner full, unrestricted ownership of the property in perpetuity, and from a tenancy or a lease, which gives a tenant the right to use a property for a limited period of time.

Anna Transfers, to Her Mother Mildred, the Right to Use