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Full-Text Articles in Estates and Trusts
Ghosts From The Grave-Inheriting Through The Predeceased Under Ohio Law , Kevin Purcell
Ghosts From The Grave-Inheriting Through The Predeceased Under Ohio Law , Kevin Purcell
Cleveland State Law Review
This Article seeks to advise the estate-planning attorney that Ohio's laws concerning inheriting through predeceased persons is a labyrinth of arbitrary rules, the majority of which serve no apparent public policy. Specifically, very different sets of rules apply to inheriting through a predeceased person via intestacy, a will, a living trust, or a "beneficiary designation" type account, such as a "payable on death" account (hereinafter P.O.D.). Additionally, Ohio law contains surprisingly high doses of ambiguity in some of the most basic principles of law relating to inheriting through predeceased next of kin or predeceased named-beneficiaries in a dispositive-planning instrument. Rather …
Drafting Of The Simple Will, Ellis V. Rippner
Drafting Of The Simple Will, Ellis V. Rippner
Cleveland State Law Review
The so-called "simple" will is by far the most common type of will drafted by the attorney. In jest it has been said to be that legal instrument requested by the newly retired business man who wishes to "place his house in order" prior to an extended vacation. Double-parked in front of his attorney's office, he wants the will drafted "instanter" so that he can start his trip with "peace of mind." In fact, seldom does a client suggest that his estate problem requires anything more than a "simple will." In truth, however, no properly drafted will can properly be …
Wills Can Be Made Unbreakable, Ellis V. Rippner
Wills Can Be Made Unbreakable, Ellis V. Rippner
Cleveland State Law Review
So many will contest cases have been filed in the courts in recent years that it almost seems that whenever a will provides for distribution other than in the manner in which the property would descend in the event of intestacy, the probability of a will contest is present. This article will suggest methods by which a client can be given added assurance that his desires will be fulfilled. There are two aspects to consider: first, those methods which we can employ prior to the death of the testator; and second, the precautions we should use in preparing the will.