Trusts and Estates

3 units

This course will examine the basic legal doctrines and rules applicable to transfer of property by gift, intestate succession, will, and trust. It will focus on the following topics: State Control of Inheritance; Intestate Succession; Will Execution, Attestation, Revocation, and Construction; Restrictions on Testation: Family Protection; Trusts: Varieties (emphasizing private express and charitable trusts), Creation, Modification, and Termination; and Fiduciary Administration. The course will focus on the Uniform Probate Code as well as many aspects of state and federal transfer taxes and the income taxation of trusts and estates . Regular attendance and preparation will be required. Grades will be based on a five-hour open book final examination.