Question

John deeded property to his mother with the stipulation that the mother could own it for as long as she lived and upon her death property will go to charity. This is an example of:

Answer 1

This is an example of a trust where John deeded property to his mother with the stipulation that she could own it for as long as she lived and upon her death, the property would go to charity.

Step-by-step explanation:

This is an example of a trust. A trust is an estate planning tool that allows a person (the grantor) to transfer their assets to another person or organization (the trustee) to manage and distribute according to specified terms. In this case, John deeded the property to his mother with the stipulation that she could own it for as long as she lived, and upon her death, the property would go to charity.