Should holder of life estate be able to transfer life estate

Assignment Help Operation Management
Reference no: EM132241275

When William S. Thrasher died, he left a life estate in the family home to his wife, Gail Thrasher, and a remainder interest to his children, James Hall Thrasher and Sheila Reed. When Gail attempted to sell her life estate, the children sued, arguing that by selling the life estate, she was forfeiting the life estate because the buyer might waste the property, thereby devaluing the interests of the children. How do you think the courts resolved this issue? Should the holder of the life estate be able to transfer the life estate? [Thrasher v. Thrasher,169 So. 3d 1043; 2014 Ala. Civ. App. LEXIS (2014).

Reference no: EM132241275

Questions Cloud

Describe the three guiding principles : Describe the three (3) “guiding principles” at the foundation of the human resources management.
Find stability in increasingly uncertain market : The health care standard is ever-changing. Health care organizations are being challenged to find stability in an increasingly uncertain market.
Accomplishments impact you personally and professionally : How will your goal accomplishments impact you personally and professionally?
What are the types of restaurant segments : Does anyone know what are the types of restaurant segments located in Jackson Heights?
Should holder of life estate be able to transfer life estate : How do you think the courts resolved this issue? Should the holder of the life estate be able to transfer the life estate?
Use external factor evaluation matrix : Explain how to develop and use an External Factor Evaluation (EFE) Matrix. Discuss the five steps needed to develop an EFE Matrix.
Discretion is the use of personal decision making : Discretion is the use of personal decision making and choice in carrying out operations in the criminal justice system.
Develop alternative marketing plan for local : I have to develop alternative marketing plan for local and sustainable food for college it should include objectives, stratigies, tactics
What is the time between orders in weeks if using eoq : What is EOQ? What is the number of orders per year using EOQ? What is the time between orders in weeks if using EOQ?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd