Right to Reside or Occupy

A simple Will including a Right to Reside or Right to Occupy trust. Commonly used where a property is held in the sole name of one party and they wish for their spouse, children, parent or other person (the occupant) to have the right to live in the property without ever owning it. This allows the owner to dictate who will inherit the property after the occupant dies which would not be the case if the testator had given the property to them absolutely. Can be established for the life of the occupant, a set period of time or subject to attaining a specified age or other condition(s). Includes one mutual severance at no additional cost.