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By:
Katelynn Gilbert
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Decks in this class (26)
Intro to Wills and Trusts
How lawyers help clients plan for...,
4 ways lawyers help clients plan ...,
An administrator is
92
cards
Ethics
Test of testamentary capacity for...,
4 important model rules for repre...,
When a client has diminished capa...
7
cards
Distribution
A tenet by entirety on a bank acc...,
4 considerations the court consid...,
Descent and distribution state st...
94
cards
Relationships
Registered domestic partnerships,
Common law spouse,
Punitive spouse
77
cards
Wills and their creation
Will,
3 requirements for a valid will,
Testamentary intent
74
cards
In Practice
In practice can make sure every p...,
What self proving affidavits are ...,
6 protective planning mechanisms
7
cards
Challenges
Will challenges are known as,
When a will is a product of what ...,
If a will is a product of undue i...
90
cards
Revocation, changes, lapse, ademption
Will revocationa testator can rev...,
No will or codicil shall be revok...,
If you revoke a will by writing o...
116
cards
Intro Trusts
Trust,
The trustee has,
Beneficiary
45
cards
Creation of a trust
6 basic trust requirements,
Valid legal purpose,
The trusts purpose cannot
24
cards
understanding trust
How to find intent to make trust,
The settlors failure to communica...,
Language that should be used in w...
3
cards
Trusts
Perpetual trusts allow for a tax ...,
Revocable trusts unlike wills do ...,
Revocable trusts is a
46
cards
Fiduciary duties general
Fiduciary dutiestrustee the law m...,
Fiduciary dutiesbeneficiary the l...,
Fiduciary dutiesthe trustees duty...
12
cards
Duty of obediance
Duty of obediance,
Duty of obediancegenerally how th...
6
cards
Duty of Loyalty
Duty of loyaltyprohibits,
Duty of loyaltyextends to the,
Utc 802 duty of loyaltya trustee ...
19
cards
Duty of Prudence
Duty of prudence,
Utc 804 prudent administrationa t...,
3
cards
Duty to Care for the Trust Property
Upc sections that deal with the d...,
Upc 810 record keeping and identi...,
Upc 810 record keeping and identi...
7
cards
Duty to Invest Prudently
Duty to invest prudentlygoverned by,
Duty to invest prudentlythe inves...
34
cards
Duty of Impartiality
Utc 803 impartialityif a trust ha...,
Duty of impartialitya trust can h...,
Duty of impartialitya trust can b...
8
cards
Duty to Inform and Report
Duty to inform and reportduty to ...,
Utc 813 duty to inform and report...,
Utc 813 duty to inform and report...
23
cards
Trusts 2
Asset protection is created through,
Domestic asset protection trust,
Special or supplemental needs trust
78
cards
Trusts 3
42 usc 1296p d treatment of trust...,
42 usc 1296p d treatment of trust...,
42 usc 1296p d treatment of trust...
9
cards
Trusts 4/ trust modification
A discretionary trust is not used...,
Under hems if needed money for cr...,
When a trust has best interests a...
42
cards
Charitable trusts/cy pres
A charitable trust must have a,
Charitable trusts unlike private ...,
Bc a charitable trust does not ha...
24
cards
Donative Freedom/ spousal protections
Us codegross income does not incl...,
Us codeemployee gifts shall not e...,
Generation skipping transfer tax
42
cards
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Wills & Trusts
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