CHAPTER 1:
Lawyers, Estates, and Trusts
Introduction
§ 1 Serving the Living
§ 2 An Overview of Intergenerational Wealth Transfer
CHAPTER 2:
Intestacy
Introduction
§ 3 Overview
§ 4 Spouses
§ 5 Other Family Members
CHAPTER 3:
Wills
Introduction
§ 6 Overview
§ 7 Creation
§ 8 Components
§ 9 Revocation
§ 10 Contracts Regarding Wills
CHAPTER 4:
Private Express Trusts
Introduction
§ 11 An Overview
§ 12 Creation
§ 13 The Size of a Beneficiary’s Interest
§ 14 Modification and Termination
§ 15 Charitable Trusts
§ 16 Trusts and Pour-Over Wills
CHAPTER 5:
Other Nonprobate Devices
Introduction
§ 17 Lifetime Gifts
§ 18 Joint Interests
§ 19 Life Insurance and Other Contracts
§ 20 Retirement Funds
§ 21 Using a Will to Change a Will Substitute
CHAPTER 6:
Planning for Incapacity
Introduction
§ 22 Property Management
§ 23 Health Care Decisionmaking
CHAPTER 7:
Changing the Share
Introduction
§ 24 Advancements and Gifts in Satisfaction
§ 25 Misconduct
§ 26 Assignments of Expectancies
§ 27 Disclaimers
CHAPTER 8:
Protecting the Family
Introduction
§ 28 Disinherited Spouses
§ 29 Omitted Family Members
§ 30 Charitable Gifts
§ 31 Public Policy Limits
CHAPTER 9:
Present and Future Interests
Introduction
§ 32 Why Bother?
§ 33 Present v. Future Interests: Dividing Time
§ 34 Present Interests
§ 35 Future Interests
§ 36 Putting It Together
CHAPTER 10:
Powers of Appointment
Introduction
§ 37 The Basics
§ 38 Creating Powers
§ 39 Exercising Powers
§ 40 Drafting Powers of Appointment
CHAPTER 11:
Problems of Interpretation
Introduction
§ 41 Introduction
§ 42 Independent Significance
§ 43 Class Gifts
§ 44 Special Cautions
§ 45 Changes After Drafting: People
§ 46 Changes After Drafting: Property
CHAPTER 12:
The Rule Against Perpetuities
Introduction
§ 48 A Framework for Analysis
§ 49 Craziness: If Anything Can Go Wrong
§ 50 Class Gifts
§ 51 Powers of Appointment
§ 52 Savings Clauses
§ 53 Reform
CHAPTER 13:
Problems of Administration
Introduction
§ 55 Relationships with Beneficiaries
§ 56 Managerial Issues
§ 57 Drafting: Powers and Duties
§ 58 Remedies
CHAPTER 14:
A Sketch of Federal Wealth Transfer Taxes
Introduction
§ 60 A Unified System
§ 61 The Gift Tax
§ 62 The Estate Tax
§ 63 The Generation-Skipping Transfer Tax
CHAPTER 15:
Looking Ahead
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