Testamentary Freedom Flashcards
1
Q
What is testamentary freedom?
A
You can do with your money what you want so long as it is not illegal.
2
Q
Can courts question what you do with your money?
A
Courts can not question your judgement or wisdom.
3
Q
Limits on Testamentary Freedom:
A
- Can not use will/trust to promote illegal activity.
-Restraint on Marriage Okay if certain requirements are met.
-Can not restrict religion.
-(but can have some stay in a religion)
-Can’t tell someone “be a good catholic” - Can have an “insurance policy” for if people get divorced.
- Can not command destruction of things.
4
Q
Limit on Testamentary Freedom: Marriage Restraint Requirements (4)
A
1) Clear
2) Reasonable
3) Somewhere for money to go if marriage not met.
4) Restriction done without animus towards another person.