Estates and Trusts Commons^™

Wills, Trusts, And Administration Of Estates, James C. Rehberg

Mercer Law Review

A survey of developments in any area of law requires a look backward and a look forward-a look backward at what the appellate courts have done with controversies that developed under existing statutes and decisions, and a look forward at what those courts will probably do with comparable controversies that develop under recently enacted statutes. Thus, in this survey of fiduciary law developments during the past year, we begin with reported cases that appear to be instructive. Classifying these cases under one heading or another is difficult, but an effort will be made to do so in the chronological sequence …

Estate Planning With Medicaid: Qualification And Planning For The Elderly, Amber R. Cook

West Virginia Law Review

No abstract provided.

Computerizing Your Estate Practice, Mark Gillett

Mark R Gillett

No abstract provided.

The Caring Influence: Beyond Autonomy As The Foundation Of Undue Influence, Trent J. Thornley

Indiana Law Journal

No abstract provided.

Hairsplitting Under I.R.C. Section 2035(D): The Cause And The Cure, Jeffrey G. Sherman

All Faculty Scholarship

No abstract provided.

Estate Creditors, The Constitution, And The Uniform Probate Code, Sarajane Love

Scholarly Works

The United States Supreme Court's decision in Tulsa Professional Collection Services, Inc. v. Pope caused the usually staid legal enclave of estate administration to sit alert. The Court declared unconstitutional an Oklahoma statute that barred creditors of decedents from filing claims against the decedents' estates two months after published notice of the commencement of probate proceedings. The statute violated the due process rights of known and reasonably ascertainable creditors because it did not require a better form of notice to them. In failing to require actual notice to known creditors, the statute was not drastically atypical of other statutes regulating …

Flesh Of My Flesh But Not My Heir: Unintended Disinheritance, Laura M. Padilla

Faculty Scholarship

This article briefly explains how the laws of intestacy and adoption work together, providing background information on second parent adoptions. It then describes why these laws are inadequate for same sex partners who adopt each others' children. It is impractical to cover statutes throughout the United States, and because I seek legal reform in California, this article focuses on California statutes, with occasional reference to the Uniform Probate Code. However, the problems caused by California's statutes also arise in other states with similar statutes. Therefore, the issues raised in this article, as well as the solutions proposed, are relevant in …

Reforming The Requirements For Due Execution Of Wills: Some Guidance From The Past, Lloyd Bonfield

Articles & Chapters

The recent revision of the Uniform Probate Code (1990) accepted the "dispensing power" with respect to will execution, revocation, revival, and alteration. Under section 2-503, a will that has not been executed in conformity with the formalities of will execution should nevertheless be admitted to probate if the probate court finds "by clear and convincing evidence" that the decedent intended the document to stand as a will This Article reviews the literature supporting the change in wills acts and examines cases that have considered applying remedies for defectively executed wills. It is argued by the proponents of the dispensing power …

Acting As Agent Under A Financial Durable Power Of Attorney: An Unscripted Role, Carolyn L. Dessin

Akron Law Faculty Publications

The financial durable power of attorney, also known as a durable power of attorney for property management, is a creature of fairly recent origin. The estate planning bar created it to provide an effective alternative to guardianship or conservatorship proceedings when people become incompetent or incapacitated. Additionally, there was a sentiment that the wealthy had an effective way of dealing with potential disability by creating a funded inter vivos trust, and that such a device was not available to most individuals because of the prohibitive cost. Since its creation, the financial durable power of attorney has become an extremely popular …

The Troubled Relationship Of Will Contracts And Spousal Protection: Time For An Amicable Separation, Carolyn L. Dessin

Akron Law Faculty Publications

We live in a society with rapidly changing familial norms. Statistics show that one out of every two marriages ends in divorce, and even higher divorce rates are projected. The number of people who remarry following a divorce also is increasing.

Much has been written about the effect of the changing family patterns on estate planning. In the era when having only one spouse and one set of children was the norm, it was fairly simple to develop a rational system for dividing the person's estate among spouse and children. In recent decades, however, the growing number of multiple marriages …

Concurso En Caso De Agrupamiento, Martin Paolantonio, Salvador Bergel

Martin Paolantonio

Análisis de la novedad introducida por la ley 24.522, permitiendo el concurso del agrupamiento económico. Referencia a las principales cuestiones tratadas y omitidas sobre la insolvencia del grupo económico

Derechos Del Cedente Ante El Eventual Incumplimiento Del Deudor Cedido, Martin Paolantonio, Juan Quintana

Martin Paolantonio

Breve nota a un fallo que niega la existencia de algún derecho "residual" en la cabeza del cedente de un crédito, cuando el deudor cedido no cumple íntegramente con la prestación debida

Consolidación De Deuda Pública (Ley 23.982), Ejecución Cambiaria Y Discusión De La Causa En El Proceso Ejecutivo En La Doctrina De La Corte Suprema De Justicia De La Nación, Martin Paolantonio

Martin Paolantonio

Análisis de un infrecuente supuesto en la jurisprudencia (en el caso, un fallo de la Corte Suprema de Justicia) admitiendo la discusión de la causa en la ejecución de título valores abstractos

El Cheque En La Ley 24.452: La Teoría General De Los Títulos Valores Y La Circulación De Créditos, Martin Paolantonio, Salvador Bergel

Martin Paolantonio

Un análisis de la reforma integral al régimen del cheque mediante la ley 24.452, desde la perspectiva de la teoría general de los títulos valores

La Responsabilidad Por Los Daños Y Perjuicios Derivados De La Traba Del Embargo Ejecutivo Y La Situación Del Tercero Cambiario, Martin Paolantonio

Martin Paolantonio

Nota a fallo responsabilizando por daños y perjuicios al endosatario de un pagaré que embargo al aparente suscriptor del documento a quien le habían falsificado la firma

Nulidad Parcial Y Total En El Derecho Del Consumidor, Martin Paolantonio, Salvador Bergel

Martin Paolantonio

Análisis de las consecuencias de situaciones de ineficacia contractual en contratos con consumidores, integración judicial del contrato en supuestos de invalidez parcial

Survey Results: Use Of Durable Powers, David M. English

Faculty Publications

The use of durable powers of attorney (DPA) has developed rapidly over the last decade. This growth reflects the public's desire for a simple and effective method of planning for possible incapacity. Although there are other planning tools, individuals frequently prefer the DPA. It is more comprehensive and provides greater certainty of result than does a joint bank account. A DPA is much easier to create than a revocable trust. By using a DPA, one can avoid an intrusive and possibly cumbersome guardianship or conservatorship proceeding.

Acting As Agent Under A Financial Durable Power Of Attorney: An Unscripted Role, Carolyn L. Dessin

Carolyn L. Dessin

The financial durable power of attorney, also known as a durable power of attorney for property management, is a creature of fairly recent origin. The estate planning bar created it to provide an effective alternative to guardianship or conservatorship proceedings when people become incompetent or incapacitated. Additionally, there was a sentiment that the wealthy had an effective way of dealing with potential disability by creating a funded inter vivos trust, and that such a device was not available to most individuals because of the prohibitive cost. Since its creation, the financial durable power of attorney has become an extremely popular …

The Troubled Relationship Of Will Contracts And Spousal Protection: Time For An Amicable Separation, Carolyn L. Dessin

Carolyn L. Dessin

We live in a society with rapidly changing familial norms. Statistics show that one out of every two marriages ends in divorce, and even higher divorce rates are projected. The number of people who remarry following a divorce also is increasing.

Much has been written about the effect of the changing family patterns on estate planning. In the era when having only one spouse and one set of children was the norm, it was fairly simple to develop a rational system for dividing the person's estate among spouse and children. In recent decades, however, the growing number of multiple marriages …

Estate Creditors, The Constitution, And The Uniform Probate Code, Sarajane Love

University of Richmond Law Review

The United States Supreme Court's decision in Tulsa Professional Collection Services, Inc. v. Pope caused the usually staid legal enclave of estate administration to sit alert. The Court declared unconstitutional an Oklahoma statute that barred creditors of decedents from filing claims against the decedents' estates two months after published notice of the commencement of probate proceedings. The statute violated the due process rights of known and reasonably ascertainable creditors because it did not require a better form of notice to them. In failing to require actual notice to known creditors, the statute was not drastically atypical of other statutes regulating …

Cary V. Riss: Protecting Due Process Concerns In West Virginia Probate, Chad S. Lovejoy

West Virginia Law Review

No abstract provided.

Estate Of Kirk: Mortmain, Perpetuities, Extrinsic Evidence, Aaargh!, Elizabeth Brandt

Articles

No abstract provided.

Trusting Our Partners: An Essay On Resetting The Estate Planning Defaults For An Adult World, Henry Ordower

All Faculty Scholarship

Demonstrates that there is no tax savings to be achieved by using a trust to restrict a donee's control of property and money transferred gifts during life or at death. Reviews reasons why donors wish to continue to control wealth even after death and suggests that such reasoning is fallacious. Recommends to the estate planning bar that it revise its approach to planning in order to fulfill its obligations to the principal client and other family members. Develops mathematical formulas for analysis of estate planning decisions.

The Uniform Probate Code Extends Antilapse-Type Protection To Poorly Drafted Trusts, Lawrence W. Waggoner

Articles

The Uniform Law Commission' promulgated a revised version of Article II of the Uniform Probate Code (UPC or Code) in 1990, and approved a set of technical amendments in 1993. As Director of Research and Chief Reporter for the Joint Editorial Board for the Uniform Probate Code (Board)2 and reporter for the UPC Article II drafting committee, I was privileged to serve as the principal drafter of these provisions. UPC Article II deals with the substantive rules governing donative transfers - intestacy; spouse's elective share; execution, revocation, and revival of wills; rules of construction for wills and other donative transfers; …

Oklahoma's Archaic Half-Blood Inheritance Statute--Still Going: A Plea For Repeal, Nancy I. Kenderdine

Oklahoma Law Review

No abstract provided.

The Impact On The Marital Deduction Of Expenses Chargeable To Post-Mortem Income: Does United States V. Stapf Answer The Question?, Martha W. Jordan

Martha W. Jordan

During the 1996-97 tern, the Supreme Court is scheduled to hear Estate of Hubert v. Commissioner, which concerns issues of extreme importance to estate tax practitioners. The Court granted certiorari in Hubert to resolve a split of authority among the circuits regarding whether administration expenses allocable to post mortem income reduce the marital deduction. Since the tax court first adopted the pro-taxpayer position endorsed by the Eleventh Circuit in Hubert, commentators have been analyzing, supporting and justifying the tax court's position. This article uses the Court's reasoning in United States v. Stapf to predict the Court's resolution of the issues …

The Oklahoma Estate Tax: Modest Proposals For Change, Mark R. Gillett

Mark R Gillett

No abstract provided.

La Ineficacia Concursal En La Ley 24.522, Martin Paolantonio, Salvador Bergel

Martin Paolantonio

Estudio sobre las sustantivas modificaciones a la acción de ineficacia o revocatoria en la quiebra introducidas por la ley 24522

Los Money Market Funds En La Resolución General 277 De La Cnv, Martin Paolantonio

Martin Paolantonio

Análisis de la incorporación de los money market funds a la reglamentación de la Comisión Nacional de Valores