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.
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
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.
And more Muslim women than men in the United States -- 46 percent versus 38 percent -- said they are "thriving", or categorized themselves as being at the upper end of a scale measuring life satisfaction.
Measuring Life Events in the Lives of College Students: The Undergraduate Stress Questionnaire.
These regulations were amended in April 2000 to require that the measuring lives permitted be specified family relationships in order to prevent an abuse commonly referred to as "vulture trusts" where an unrelated individual with a short life expectancy would be selected as the measuring life, assuring "maximum benefit" to the family remainder interest and a minimum benefit to the charitable lead interest.
The survey comprised a custom 25-item job stress scale, the 43-item SRRS for measuring life stress, and the 21-item Beck II scale.