Gift To Spouse Of Life Estate In Personal Property

1. Parties. [Name of Transferor] of [address] hereby transfers and assigns to my Spouse, [name of Transferee] the following.

2. Property. [Description of property to be transferred.]

3. Rights of Spouse. [Name], my Spouse, shall have the right to hold the property described in this Agreement for the duration of my Spouse's natural life.

4. Waste. My Spouse shall hold this property during my Spouse's lifetime without impeachment for waste.

5. Security. My Spouse shall not have to post security for the safekeeping or preservation of this property.

6. Death. Upon my Spouse's death, title to the property shall revert to me.

[dated] [signature]

Transferor

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