Roger Penrose theory is that the universe does not last, but does spawn a new universe as the last dying gasp of the previous one in a forward "pop".

Energy from the universe will eventually cool and disapate, including energy collected in black holes, which means all life will be long gone.

Assuming the new epoch universe is able to sustain life, then it will form organically.

This is a layman's description of Penrose theory.