Open Access. Powered by Scholars. Published by Universities.®

Law Commons

Open Access. Powered by Scholars. Published by Universities.®

Estates and Trusts

Emory Law Journal

Journal

Beneficiaries

Articles 1 - 1 of 1

Full-Text Articles in Law

When Beneficiaries Predecease: An Empirical Analysis, Adam J. Hirsch Jan 2022

When Beneficiaries Predecease: An Empirical Analysis, Adam J. Hirsch

Emory Law Journal

Under current law, bequests to beneficiaries who predecease the testator “lapse” to the beneficiary of the residuary, unless they are preserved for the descendants of predeceased beneficiaries under an “antilapse” statute. The beneficiaries covered by antilapse statutes vary from state to state, but in most states today the statutes apply only to blood relatives of the testator as distant as first cousins. This Article examines the public policy of antilapse statutes, assessing them by undertaking the first-ever survey of popular preferences concerning the matter. Harvesting evidence for five types of beneficiaries, the study finds that the prevailing structure of antilapse …