measuring life

measuring life

The person whose life span determines the duration of a life tenant's entitlement to possess and use real property.Typically,property is given or left by will to someone to use “for and during their natural lifetime”and then the document specifies who gets the property afterward. In the typical case, the life tenant is also the measuring life; when the life tenant dies, the right to use the property also dies at the same time.

Example: A different variety of life tenancy might give property “to Alice and her heirs, for and during the lifetime of Nate,” with Nate being a baby born two days earlier. Nate is the meas- uring life. When Nate dies, Alice or her heirs will cease to have any interest in the property. It does not matter if Nate dies one week later or 100 years later, the life estate ends when he dies. At the end of the measuring life, the property passes to a previously specified remainderman.

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References in classic literature ?
You are measuring life by its length, when its depth alone is of any import.
But measuring life by what we do to others will add more meaning to our life.
This scale developed by Diener, Emmons, Larsen & Griffin (1985) has been used for measuring life satisfaction.
1985) is the most used scale for measuring life satisfaction, their same authors (Pavot & Diener, 1993) suggested it would be interesting to further explore the construct in terms of the three time frames of reference.
When you get into intergenerational and you structure it as you can under the economic benefit, you necessarily are factoring in a huge discount because you're dealing with the measuring life being much younger," he adds.
At Lichfield Cathedral a special tribute took place, and posters there quoted Stephen: "I don't see the point in measuring life in terms of time anymore.
This is most evident in the connection between nightmares and depression, but also apparent in many other analyses involving nightmares and questions measuring life satisfaction and health," said lead study author Nils Sandman, researcher in the centre for cognitive neuroscience
4) The measuring life needs to be human, and if the measuring life in a pet trust is that of a pet, such trusts violated the rule against perpetuities and were deemed void.
Before his death, Stephen, who was diagnosed aged just 15, said: "I don't see the point in measuring life in terms of time any more.
Siobhan Dunn, chief executive of the Teenage Cancer Trust, added: "Stephen says he doesn't see the point in measuring life in time, rather he'd prefer to measure a life in the difference someone makes.
A gravestone, a rune, an echo chamber and geological marker of time, rocks demarcate the human, measuring life like a form of "slow art," similar to, according to Jacobus, Dean's film about John Cage's silent three-movement composition Stillness (2952).
The most important rule in this subset states that the age of the oldest trust beneficiary at the account owner's death, whether the special needs beneficiary or any contingent beneficiary, will be the measuring life for determining the rate at which retirement funds must be distributed to the trust and, therefore, taxed.