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Full-Text Articles in Law
The European Succession Regulation And The Arbitration Of Trust Disputes, S. I. Strong
The European Succession Regulation And The Arbitration Of Trust Disputes, S. I. Strong
Faculty Publications
Over the last few decades, U.S. citizens have become increasingly mobile, with significant numbers of individuals living, working, and investing abroad. Estate planning has become equally international, generating ever-larger numbers of cross-border succession cases. While these sorts of developments are welcome, they require lawyers to appreciate and anticipate the various ways that the laws of different jurisdictions can interact. One of the most important recent developments in international succession law comes out of the European Union. While the European Succession Regulation may initially appear applicable only to nationals of E. U. Member States, U.S. citizens can also be affected by …
“Undemocratic” Trusts And The Numerus Clausus Principle, E. Gary Spitko
“Undemocratic” Trusts And The Numerus Clausus Principle, E. Gary Spitko
Faculty Publications
In Democracy and Trusts, Professor Carla Spivack argues that, pursuant to the numerus clausus principle, a court is empowered to impair legislation authorizing a certain trust form where the legislation was not the product of “democratic decision-making.” This imaginative claim is predicated upon two antecedent claims. First, Professor Spivack argues that the numerus clausus principle should apply to equitable interests. Second, she argues that the numerus clausus principle does not invest legislatures with the sole authority to determine allowable property forms; rather, courts also have an important role to play in composing the list of property forms. This review …