Please enable JavaScript.
Coggle requires JavaScript to display documents.
TRUSTS & ESTATES (Creation (Provisions (Spendthrift: ben. cannot…
TRUSTS & ESTATES
Intestacy
Descendants
Majority (UPC): (1) did spouse survive? (2) no, any children survive? (3) divide at first gen. w/living heirs, remaining shares equally divided to next gen. if nec.
Modern: (1) did spouse survive? (2) no, any children survive? (3) divide at first gen. w/living heirs
Wills
-
Revocation
Subsequent Writing: implied, express, inconsistent
Act: physical, lost, oral, partial
-
-
Beneficiaries
Lapse: specific, general, residuary
-
Bequests (specific, general)
-
-
-
-
Contested Wills
Mental Capacity: TEST: capability-- people, property, plan, desire
-
-
Creation
-
Trustee (title, fid. duties)
-
-
-
-
-
Types
-
-
Classifications: Express-- Private, Charitable; Implied-- Resulting, Constructive #
-