Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Tuesday, April 25, 2017

Book on International Trust Laws

International trust lawsPaolo Panico recently published a book entitled, International Trust Laws (2d ed. 2017). Provided below is a summary of the book:

  • Compares trust law across a number of jurisdictions, providing the reader with references to offshore case law legislation and case law that is often inaccessible.
  • Covers law and practice in leading trust centres such as Jersey, Guernsey, the Cayman Islands, the Bahamas, and the Isle of Man, with examples drawn from a wealth of other jurisdictions including New Zealand, Dubai, Mauritius and the Cook Islands.
  • Provides detailed analysis of common law and the recognition and circulation of trusts in civil law jurisdictions where trusts are practised under the Hague Trust Convention.
  • Includes discussion of offshore and onshore trust jurisdictions.
  • The book can be used either with a focus on a particular jurisdiction, analyzing its trust law in relation to those of other jurisdictions; or with a focus on a particular topic, such as settlor's reserved powers, beneficiaries' rights to information, or protector's duties, illustrated by approaches from various trust jurisdictions.

April 25, 2017 in Books, Books - For Practitioners, Books - For the Classroom, Estate Planning - Generally, Trusts | Permalink | Comments (0)

Thursday, April 20, 2017

Book on Trusts & Estate Planning in Israel

Israel trusts and estatesAlon Kaplan recently published a book entitled, Trusts and Estate Planning in Israel (2016). Provided below is a summary of the book:

Trusts and Estate Planning in Israel traces the trust concept in Israel and its use for private and commercial purposes under current Israeli trust law. The creation of trusts by law, by contract, by Hekdesh deed (an Israel trust) and testamentary trusts are analysed. Estate planning using the Hekdesh or testamentary trust and its tax implications, public and charitable trusts are explored, and special attention is given to trust protectors, privilege and confidentiality, court jurisdiction, arbitration, taxation and foreign trust recognition.

April 20, 2017 in Books, Books - For Practitioners, Estate Planning - Generally, Trusts | Permalink | Comments (0)

Monday, April 17, 2017

Book on Statutes on Trusts & Estates

Selected statuteMark L. Ascher & Grayson M.P. McCouch recently published a book entitled, Selected Statutes on Trusts and Estates (2017). Provided below is a summary of the book:

This casebook statutory supplement meets the needs of students in basic and advanced courses on wills, trusts, decedents' estates, fiduciary administration, and future interests, providing a compendium of essential uniform act provisions and official comments. It covers a wide range of topics, including intestacy, wills, rules of construction, probate administration, nonprobate transfers, disclaimers, principal and income, prudent investments, perpetuities, trust formation and modification, spendthrift and discretionary trusts, trustee powers and duties, powers of appointment, and powers of attorney. The previous edition has been updated to include amendments to the Uniform Probate Code, the Uniform Custodial Trust Act, and the Uniform Power of Attorney Act.

April 17, 2017 in Books, Books - For Practitioners, Estate Administration, Estate Planning - Generally, Trusts, Wills | Permalink | Comments (0)

Saturday, April 15, 2017

Book on Estates in Land & Future Interests

5ed estateLinda H. Edwards recently published a book entitled, Estates in Land and Future Interests: A Step-by-Step Guide (5th ed. 2017). Provided below is a summary of the book:

Accessible and effective, Estates in Land and Future Interests: A Step-by-Step Guide is a user-friendly method for mastering a challenging area of property law.

In the Fifth Edition, Edwards highlights and clarifies key technical concepts in each chapter that can be confusing to many students. Similarly helpful, a new section at the end of most chapters reiterates specific terms and concepts that are indispensable to a thorough mastery of estates in land and future interests. Clear introductions, a host of visual aids, and the author’s process approach untangle and demystify every new term and transaction. Problem sets, study questions, and practice exercises—all available electronically for easy practice—actively engage students in learning estates in land and future interests, step by step.

Timely and innovative, Estates in Land and Future Interests features:

  • Complete, up-to-date coverage of the statutory and common law relevant to estates in land and future interests
  • Visual aids, text boxes, and smart teaching devices that illustrate and clarify estates in land and future interests—a potentially confounding topic within first year Property
  • A useful flow chart throughout the book that identifies the state of the title after a particular conveyance—to link estates to the future interests that follow them. (For easy reference, the complete chart appears on the inside back cover of the book.)
  • A process approach that describes transactions and analytical tasks as a sequence of manageable steps and stages
  • Lucid and succinct treatment, in a clean and uncluttered page design
  • Problem sets (with answers) and electronic practice exercises
  • Study Questions, with expanded explanations
  • A transparent organization that mirrors the coverage of estates and future interests in the leading property casebook
  • A Glossary of Terms in the appendix, for locating legal terms easily and quickly

April 15, 2017 in Books, Books - For Practitioners, Estate Planning - Generally | Permalink | Comments (0)

Wednesday, April 5, 2017

Book on Art Collecting Today

Art collecting todayDoug Woodham recently published a book entitled, Art Collecting Today: Market Insights for Everyone Passionate About Art (2017). Provided below is a summary of the book:

Grounded in real-life stories, Art Collecting Today is the essential practical guide to today's art market. A lightly regulated industry with more than sixty billion dollars of annual sales, the art market is often opaque and confusing to even the most experienced collectors. But whether a seasoned collector, an uninitiated newcomer, or an art-world insider, readers will learn within these pages how the art marketplace works in practice and how to navigate it smartly. Those who may have been put off by art-world practices will finally feel they have the knowledge needed to participate freely and fully, and collectors will be able to pursue their passion with more confidence.

Important topics covered include:

  • How to evaluate, buy, and sell art while avoiding costly mistakes and time-consuming roadblocks
  • How the market works in practice for essential artists like René Magritte, Christopher Wool, Amedeo Modigliani, and Yayoi Kusama
  • How collectors can be taken advantage of, and the actions they should take to protect themselves
  • Why tax laws in the United States reward "art investors" yet penalize "art collectors"
  • How cultural property laws impact the market for works by such artists as Frida Kahlo and Andy Warhol
  • Advice for new and prospective collectors

Informed by close to one hundred interviews with collectors, lawyers, art advisors, gallerists, and auction specialists in the United States and Europe, as well as by the author's own experiences, Art Collecting Today offers a lively and thought-provoking analysis of the day-to-day workings at play today in the fine art marketplace.

April 5, 2017 in Books, Books - For Practitioners, Estate Planning - Generally | Permalink | Comments (0)

Saturday, April 1, 2017

Book on Estates in Land & Future Interests

Estates in landLinda H. Edwards recently published a book entitled, Estates in Land and Future Interests: A Step-by-Step Guide (5th ed. 2017). Provided below is a summary of the book:

Accessible and effective, Estates in Land and Future Interests: A Step-by-Step Guide is a user-friendly method for mastering a challenging area of property law.

In the Fifth Edition, Edwards highlights and clarifies key technical concepts in each chapter that can be confusing to many students. Similarly helpful, a new section at the end of most chapters reiterates specific terms and concepts that are indispensable to a thorough mastery of estates in land and future interests. Clear introductions, a host of visual aids, and the author’s process approach untangle and demystify every new term and transaction. Problem sets, study questions, and practice exercises—all available electronically for easy practice—actively engage students in learning estates in land and future interests, step by step.

Timely and innovative, Estates in Land and Future Interests features:

  • Complete, up-to-date coverage of the statutory and common law relevant to estates in land and future interests
  • Visual aids, text boxes, and smart teaching devices that illustrate and clarify estates in land and future interests—a potentially confounding topic within first year Property
  • A useful flow chart throughout the book that identifies the state of the title after a particular conveyance—to link estates to the future interests that follow them. (For easy reference, the complete chart appears on the inside back cover of the book.)
  • A process approach that describes transactions and analytical tasks as a sequence of manageable steps and stages
  • Lucid and succinct treatment, in a clean and uncluttered page design
  • Problem sets (with answers) and electronic practice exercises
  • Study Questions, with expanded explanations
  • A transparent organization that mirrors the coverage of estates and future interests in the leading property casebook
  • A Glossary of Terms in the appendix, for locating legal terms easily and quickly

April 1, 2017 in Books, Books - For Practitioners, Books - For the Classroom, Estate Planning - Generally | Permalink | Comments (0)

Thursday, March 30, 2017

Book on Uniform Trust & Estate Statutes

Uniform trust and estateThomas P. Gallanis recently published a book entitled, Uniform Trust and Estate Statutes (2017). Provided below is a summary of the book:

This statutory supplement is ideal for use in basic and advanced courses in wills and trusts and for practitioner reference. The 2017-2018 edition includes the updated text and official comments of the Uniform Probate Code, Uniform Trust Code, and more than a dozen other acts relating to the field of trusts and estates, including the Uniform Trust Decanting Act, Revised Uniform Fiduciary Access to Digital Assets Act, Uniform Powers of Appointment Act, Uniform Principal and Income Act, Uniform Prudent Investor Act, Uniform Custodial Trust Act, Revised Uniform Anatomical Gift Act, Uniform Prudent Management of Institutional Funds Act, Uniform Parentage Act, Uniform Premarital and Marital Agreements Act, Uniform Health-Care Decisions Act, Uniform Simultaneous Death Act, Uniform Transfers to Minors Act, Model Marital Property Act, Model Protection of Charitable Assets Act, and the amendments to the Uniform Fraudulent Transfer Act which is now renamed the Uniform Voidable Transactions Act. The book includes relevant provisions of the Restatement Third of Trusts and Restatement Third of Property, as well as selected prior versions of sections of the Uniform Probate Code and Uniform Principal and Income Act. The book is ideal for teaching basic and advanced courses in wills and trusts. It is also ideal for practitioner reference.

March 30, 2017 in Books, Books - For Practitioners, Estate Planning - Generally, Trusts | Permalink | Comments (0)

Monday, March 27, 2017

Book on Experiencing Trusts & Estates

Experiencing trusts Alfred L. Brophy, Deborah Gordon, Norman P. Stein & Caryl Yzenbaard recently published a book entitled, Experiencing Trusts and Estates (2017). Provided below is a summary of the book:

This casebook takes a more experiential approach to the teaching of trusts and estates law. This first edition features recent cases and model documents in almost every chapter of the book; it also preserves many of the most famous and teachable trusts and estates cases. The opening chapters introduce students to issues around planning for incapacity and death and to accessible and understandable material on estate and gift taxes. The remainder of the book focuses on estate planning for low and moderate income individuals, professional responsibility issues as they arise in a trusts and estates practice, and traditional and contemporary cases and documents designed to expose students to the most important concerns that arise in a trusts and estates practice. Each chapter also features extensive notes and questions designed to help lead students through the major issues, and an appendix provides full versions of various historical “celebrity” wills and contemporary model trusts. A voluminous teacher’s manual accompanies the book, with briefs of every principal case and extensive notes designed to aid the teacher in advancing classroom discussion on nearly every note in the casebook. The teacher’s manual also includes additional problems and other materials designed to develop professional skills.

March 27, 2017 in Books, Books - For Practitioners, Current Events, Estate Planning - Generally, Estate Tax, Gift Tax, Trusts | Permalink | Comments (0)

Tuesday, March 21, 2017

Book on Inherited IRAs for the Practitioner

Inherited ira 2017Seymour Goldberg recently published a book entitled, Inherited IRAs: What Every Practitioner Must Know (2017). Provided below is a summary of the book:

This book instructs and informs lawyers representing estates on how best to handle the laws and compliance issues surrounding their clients’ investments.

This is a new edition of Inherited IRAs, originally published by ABA Publishing in 2013 and then again in 2015. It updates the content to reflect changes recently released by the Department of Labor governing all IRA accounts, including inherited IRAs. In April 2016, the US Department of Labor issued a final fiduciary rule, which significantly affects advisors who render investment advice to Individual Retirement Account owners by expanding the "investment advice fiduciary" definition under the Employee Retirement Income Security Act of 1974 (ERISA) and modifying the complex of prohibited transaction exemptions for investment activities in light of that expanded definition, which has now rendered the 2015 edition of this book obsolete.

March 21, 2017 in Books, Books - For Practitioners, Estate Planning - Generally | Permalink | Comments (0)

Saturday, February 18, 2017

2017 Edition of California Probate Code Annotated Now Available

California probate code 2017Adam Hirsch and William M. McGovern have published the 2017 edition of the California Probate Code Annotated (Thomson Reuters). This book provides the complete text of the California Probate Code, related state and federal statutes, and rules of court regarding estate planning and probate.

This volume contains:

  • Authoritative commentary, annotations, and analysis of leading cases
  • Law Revision Commission editorial notes that provide additional guidance in the construction and application of particular sections
  • References to Witkin's Summary of California Law, 10th which direct you toward further research
  • A table of Judicial Council forms to help you identify forms to be used in conjunction with the statutes and rules
  • A table of cases illustrating the cases discussed in the author's commentary
  • A table of affected sections indicating recent modifications
  • Underlining to indicate additions or changes in statutes
  • Asterisks to indicate deletions

February 18, 2017 in Books | Permalink | Comments (0)