Fundamentals of nontax estate planning. Intestate succession and the basics of wills including mental capacity and undue influence; execution formalities; holographic wills; revocation; lapse; ademption and satisfaction; and rights of spouses and children. Also surveys other methods of estate planning, with an emphasis on trusts. Topics include trust formation, modification, and termination; revocable living trusts; spendthrift, support, and discretionary trusts; charitable trusts; powers of appointment; and powers and duties of trustees. Bar course.
Bar course. UP point eligible course. Subject to grade curve. Reading assignment for first class posted online. Attendance is mandatory.