Property Ownership
In Montana, a 'life estate' is a form of ownership that:
ALasts forever and is passed to heirs
BLasts only for the duration of a specified person's life, then passes to a remainderman✓ Correct
CExpires after 99 years automatically
DCan only be created by a court order
Explanation
A life estate is an ownership interest that lasts for the duration of a measuring life (usually the life tenant's own life). When that person dies, the property passes automatically to the remainderman named in the deed.
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