LAW WT - Wills and Trusts

(2 - 2 units)

This course covers intestacy; execution of wills; integration; republication; incorporation by reference, independent significance; revocation and revival; will contracts; lapse; ademption; will contests; will substitutes; nature and classification of trusts; elements of a trust; creation of inter-vivos and testamentary trusts; revocable and irrevocable trusts; insurance trusts; nature of the beneficiary’s interest, including restraints on alienation and principles regarding transferability, modification, and termination of trusts; charitable trusts; fiduciary administration, including qualification, duties, standards, liabilities, management, investment, and accounting.