When Tom dies, rather than leaving everything outright to his wife Becky, Tom’s will leaves everything he owns in trust for Becky for her life (and Becky has the right to all income from the trust during her life-time), however, on Becky’s death, everything in the trust goes to Tom and Becky’s only son, Riley. Why might Tom do this? Why would he leave Becky only a life estate in his property when he dies rather than leaving her all the property outright?
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