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1952

Estates and Trusts

Decedent Estate Law

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Trusts-Illusory Transfer-Rights Of Surviving Spouse, Carl S. Krueger Mar 1952

Trusts-Illusory Transfer-Rights Of Surviving Spouse, Carl S. Krueger

Michigan Law Review

ln 1939 Henry Halpern drafted a will naming his wife executrix and sole beneficiary of his estate. In 1946, about the time he and his wife separated, Halpern opened four savings accounts in his own name in trust for his infant granddaughter. While Halpern made subsequent deposits in two of them, he made no withdrawals; nor did he in any other manner revoke the trusts. Although evidence did not establish them as irrevocable trusts, it did show that Halpern on occasion indicated he meant the bank books to go to his granddaughter. Subsequently his wife, as executrix, instituted proceedings to …