Revisiting the Revolution: Reintegrating the Wealth Transmission System by Melanie B. Leslie, Stewart E. Sterk

Melanie B. Leslie and Stewart E. Sterk, both of Cardozo Law School, have published their article, Revisiting the Revolution: Reintegrating the Wealth Transmission System.  The abstract reads as follows:

Thirty years ago, John Langbein published The Nonprobate Revolution and the Future of Succession. The article celebrated testators’ newfound ability to

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Nonspousal Inherited IRA Assets Protected In 7 States

Insurance News Net reports that bankrupt investors lucky enough to benefit from nonspousal inherited individual retirement accounts (IRAs) are better off living in some states.

Alaska, Arizona, Florida, Missouri, North Carolina, Ohio and Texas are the only states where nonspousal inherited IRAs are safe from trustees seeking assets in the … Continue reading

Uniform Voidable Transactions Act (“UVTA”)

Gerry Beyer reports, on his Wills Trusts & Estates Prof Blog, that the Uniform Voidable Transactions Act (UVTA) was adopted July 16, 2014 by the Uniform Law Commission, and amended the 1984 Uniform Fraudulent Transfer Act (UFTA). The UVTA added a Conflict of Laws section to the act to account … Continue reading