Estates and Trusts (2130)
This course studies the descent and distribution of intestate estates. It analyzes typical state statutes and rules of construction, testamentary dispositions, and doctrines of construction including ademption, satisfaction, incorporation of reference, etc. It covers the protection afforded to the immediate family of the deceased and considers alternatives to testamentary dispositions by means of gifts and trusts. It is a study of the basic law of trusts and their uses. The establishment of various types of trusts, the rights of settlor, trustee, beneficiary, and third parties is also studied.
- Credits: 4