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Estate Planning

Wills, Trusts & Estates Prof Blog

A resource to enhance the teaching of courses that address intestate succession, wills, trusts, estate administration, non-probate assets, planning for disability, and other matters pertaining to estate planning.
By Gerry W. Beyer

Post Frequency: 44.9/day

Last Entry: April 01, 2011 at 14:00:00

Illegal Organ Trade in Kosovo

Posted on February 01, 2011
After a two-year inquiry, Dick Marty, Swiss senator and human rights activist, concluded that Kosovo militants were killing captives to sell their organs abroad. The report further accused Kosovo?s Prime Minister Hashim Thaci of being involved, evoking heated disputes...

Top SSRN Downloads

Posted on January 31, 2011
Here are the top downloads from November 30, 2010 to January 29, 2011 from the SSRN Journal of Wills, Trusts, & Estates Law for all papers announced in the last 60 days. Rank Downloads Paper Title 1 740 2010 Federal...

Senior Citizens Battle Credit Card Debt

Posted on January 31, 2011
The Sloan Center on Aging and Work at Boston College concluded that 30% of unemployed individuals over age 55 have less retirement savings than credit card debt. In addition, the average credit card debt for individuals over 65 is currently...

ACTEC Announces Mary Moers Wenig 2011 Student Writing Competition

Posted on January 31, 2011
The American College of Trust and Estate Counsel has officially announced the Mary Moers Wenig 2011 Student Writing Competition. Here are some of the key features of this competition: Large cash prizes (first place = $5,000; second place = $3,000;...

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Prof. Charles Galvin Dies

Posted on January 31, 2011
It is with a heavy heart that I report that Prof. Charles "Charley" Galvin died on January 27, 2011. I had the good fortune to know Charley for many years and to work with him on the Texas Will Manual...

Book on How to Deal with Exploitation of Older Adults

Posted on January 30, 2011
Trisha E. Cowart (Visiting Assistant Clinical Professor, Penn State Law) and Katherine C. Pearson (Professor of Law, Penn State Law) recently published their book entitled A Pennsylvania Guide for Older Adults, Families, Counsel & Courts (George T. Bisel Co...

Poetry Foundation Struggles to Spend $185 Million

Posted on January 30, 2011
In 2002, reclusive pharmaceuticals heiress Ruth Lilly gave $185 million to the Poetry Foundation in Chicago. Other than rejection letters for her poems, Lilly had virtually no contact with Poetry Foundation prior to the gift. John Barr, president of the...

Donating Organs Can Provide Comfort

Posted on January 29, 2011
Andrew, 13, and his sister Erin, 16, died on their way to school in a car accident. Their parents donated their organs and tissues and find comfort in the fact that their children saved the lives of others. James Rodrigue,...

Movie About Physician-Assisted Suicide in Oregon

Posted on January 28, 2011
Most screenings at the Sundance Film Festival are jam-packed with film lovers rushing to find a seat. But when How to Die in Oregon was on display on Sunday, there were empty seats. Sheila Nevins, president of HBO Documentary Films,...

The Unwanted Inheritance of a Whole Lot of Nothing

Posted on January 28, 2011
Children of hoarders are burdened with far more than probate, funeral arrangements, and grief. They also must deal with overwhelming piles of stuff their parents accumulated over the years. Greg Martin was forced to return to his childhood home when....

Funeral Operator Sentenced for Stealing from the Deceased

Posted on January 28, 2011
Kevin Riley ran a funeral home in Coventry, Connecticut. He had himself appointed administrator of the estates of dead people with no relatives. Afterward, he and Yolanda Faulkner stole paintings, jewelry, and money from their homes and sold the items...

Family Battle Over $1.7 Billion Stake in Casinos

Posted on January 28, 2011
Stanley Ho owned a controlling 18% stake in SJM Holdings Ltd., which owns twenty casinos, two hotels, and four slot-machine lounges, and is worth approximately $9.6 billion. Mr. Ho has acknowledged 17 children from four women, and he became sick...

Making Sure Your Pets are Cared For

Posted on January 27, 2011
Are you concerned about who will care for your pets should they outlive you? To prepare for your pets? lives after you?re gone, you could: Make an informal arrangement with a trusted friend, family member, or neighbor to assume care...

The Right Way to Help Someone Grieve

Posted on January 27, 2011
Comforting someone who is grieving the death of a loved one takes skill. Many people don?t know how to handle the situation, and some even avoid the grieving person because they are uncomfortable with all the emotions. Some tips for...

Webcasting Funerals for Mourners Too Far

Posted on January 27, 2011
People live online now more than ever, so it was inevitable that live web-streaming funerals for loved ones and friends would come next. For those who are too far away to attend a funeral, viewing it online can be better...

Estate Planning Zits Comic

Posted on January 27, 2011
This economy has everyone concerned about their financial future, and many hope for an inheritance to save them. Yesterday?s Zits comic portrayed this sentiment, featuring a son giving his parents the information for a probate attorney so that they could...

17th Annual Advanced Estate Planning Strategies Course

Posted on January 26, 2011
TexasBarCLE is sponsoring the 17th Annual Advanced Estate Planning Strategies Course in San Diego, CA on March 31-April 1, 2011. Program highlights are below: A highly interactive conference among expert panelists and attendees, Advanced Estate Planning Strategies will address four...

Michael Jackson's Doctor Files for Bankruptcy

Posted on January 26, 2011
Dr. Arnie Klein, Michael Jackson?s longtime dermatologist and confidante, filed for Chapter 11 in Los Angeles last Thursday, claiming debts between $1 and $10 million. Klein, whose clientele includes Elizabeth Taylor, Cher, and Dolly Parton, owes $2.6 million to City...

Health Care Reform and Older Americans

Posted on January 26, 2011
Richard L. Kaplan (Peer and Sarah Pedersen Professor of Law, University of Illinois College of Law) recently published his article entitled Analyzing the Impact of the New Health Care Reform Legislation on Older Americans, 18 Elder L. J. No. 213...

Budget Cuts Prevent States from Performing Pauper Burials

Posted on January 26, 2011
Budget cuts across the nation are causing states to rethink burials provided for the indigent or unidentified, otherwise known as pauper burials. In order to save money, many states are switching to cremation unless the indigent individual?s religion bars it...

Comment Reminder

Posted on January 25, 2011
Do you notice that when you post a Comment, it does not appear? Do you post it again and again? Then, after a while, do you notice that it suddenly appears? This is not aberrant behavior. Instead, it is by...

Lost Wills and Late Probate -- Texas Style

Posted on January 25, 2011
In the case of In re Estate of Perez, 324 S.W.3d 257 (Tex. App.?El Paso 2010, no pet. h.), Testator died after executing two wills: one in 1975 leaving his estate to his Children and another in 1993 leaving his...

CLE on Differences Between Life Care Planning and Estate Planning

Posted on January 25, 2011
The American Bar Association is sponsoring a 90-minute enhanced live webinar and teleconference entitled Life Care Planning and Estate Planning: What Every Attorney Needs to Know About the Differences on February 1, 2011. The program description is below: Take better...

Top SSRN Downloads

Posted on January 25, 2011
Here are the top downloads from November 24, 2010 to January 23, 2011 from the SSRN Journal of Wills, Trusts, & Estates Law for all papers announced in the last 60 days. Rank Downloads Paper Title 1 681 2010 Federal...

CLE on the New Estate Tax Rules

Posted on January 24, 2011
Financial Advisor Magazine is sponsoring a complimentary 45-minute webinar entitled Planning for a Disappearing Estate Tax Break on Tuesday, January 5. Deborah L. Jacobs, author of Estate Planning Smarts, will cover: Untangling the new rules Rethinking old tools Pitfalls and...

CLE on Conservation

Posted on January 24, 2011
Expand your thinking at the Second Symposium on Advanced Legal Topics in Conservation on February 7-8, 2011 in Boston, MA, at the Boston Park Plaza Hotel and Towers sponsored by the Land Trust Alliance and Isaacson Rosenbaum. Check out the...

WikiLeaks May Have Offshore Account Tax Evader Information

Posted on January 24, 2011
I previously blogged that the Department of Justice was looking into tax evasion committed by individuals hiding money in offshore accounts and was offering more lenient penalties to those who voluntarily turned themselves in. Now companies and individuals whose offshore...

What Makes a Will Islamic?

Posted on January 24, 2011
Verses 11, 12, and 176 in the fourth book of the Quran specify how a Muslim must dispose of wealth after death: 1/6 to your father 1/6 to your mother 1/2 or 1/4 to your husband, depending upon whether you...

Anna Nicole Smith Case Pending in U.S. Supreme Court

Posted on January 23, 2011
Ralph Whitten (Senator Allen A. Sekt Endowed Chair in Law, Creighton University School of Law) recently published his article entitled A Bunny?s Tale: The Impact of a Playboy Playmate on Federal Jurisdiction, Working Paper Series (2011). The abstract available on...

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