Trusts and Estates

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Winter 2015 Course
Meets: M, T, W, Th, F 9:00am - 12:15pm
3 classroom credits

This course is a general survey of the law relating to family wealth transmission, both during life and at death. The course will study transfers within the probate system--wills and intestate succession--and transfers outside it, with special attention to trusts. We will examine the substantive law as well as the policy issues and history on which substantive law is based. For example: What are the broader social and economic effects of the laws of succession? How do they motivate, constrain, or facilitate financial planning? What implicit assumptions about ordinary citizens' preferences and beliefs are reflected in the legal rules? Grades for this three-credit course will be based on an essay examination.

Subject Areas: Taxation , Business Organization, Commercial Law, and Finance , Regulatory Law , Family, Gender & Children's Law .