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Full-Text Articles in Estates and Trusts
Fraudulent Conveyances - Change Of Beneficiary Of Life Insurance Policy Formerly Payable To Insured's Estate
Michigan Law Review
An insurance company filed a bill of interpleader to determine disposition of the proceeds of a term policy on the life of one Fitzpatrick, now deceased. Claimants are the administrator, representing creditors, and the deceased's two sons. The policy had been issued payable to insured's estate, but reserved the right to change the beneficiary. A few days before his death (by suicide) deceased sent the company an application for change of beneficiary to his two minor sons. He was then hopelessly insolvent, and the administrator claims that the change of beneficiary was a fraudulent conveyance within the terms of the …
Descent And Distribution - Inheritance As Affected By Heir's Murder Of Deceased
Descent And Distribution - Inheritance As Affected By Heir's Murder Of Deceased
Michigan Law Review
Albert Tarlo shot and killed his wife while she slept, then killed his daughter, and next killed himself. He survived the wife and daughter by a few hours. The daughter left no will, and by the statute of distribution her property went to the father. A statute provided in effect that no one who should be "finally adjudged guilty" of murder should be allowed to take as heir or next of kin of the person killed. Held, that the father's estate might take the daughter's estate by inheritance. In re Tarlo's Estate, 315 Pa. 321, 172 Atl. 139 …