Notes:LGL 225 Estates

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January 29, 2023

 

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February 4, 2023

 

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February 12, 2023

 

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SECTION 2-806 Uniform Probate Code
. MODIFICATION TO ACHIEVE TRANSFEROR’S TAX OBJECTIVES. To achieve the transferor’s tax objectives, the court may modify the terms of a governing instrument in a manner that is not contrary to the transferor’s probable intention. The court may provide that the modification has retroactive effect.

§ 64.2-400. Separate writing identifying recipients of tangible personal property; liability for distribution; action to recover property.

§ 64.2-753. Limitation on action contesting validity of revocable trust; distribution of trust property.

No contest or in terrorem clauses in wills and trusts have long vexed the courts in the United States, and Virginia is no exception

 

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March 8, 2023

 

 

 

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