Review of Session 2 Intestate Succession – Introduction to Wills.

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Presentation transcript:

Review of Session 2 Intestate Succession – Introduction to Wills

Descent & Distribution $Descent – Real Property via Intestacy $Distribution – Personal Property via Intestacy $Why Most People Die Intestate $Surviving Spouse - then and now $Descendants $Ancestors and Collaterals $Escheat

Treatment of Certain Categories of Potential Heirs $Posthumous or Afterborn Heirs $Adopted Individuals $Non-Marital Children $Children from alternate reproduction $Stepchildren $Half-Blooded Collateral heirs $Non-US Citizens $Unworthy Heirs $Non-Marital Partners

Other Intestate Succession Issues $Ancestral Property $Advancements $Survival $Disclaimers $Assignment or Release of Expectancy $Equitable Conversion $Liability for predeceased intermediary debts $Heir Designation $Choice of Law

Requirements for a Valid Will $Legal Capacity $Testamentary Capacity $Testamentary Intent $Formalities $Holographic Wills

Conclusion

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