Future Interests And Estate Planning

Author : John Makdisi
Publisher : Aspen Publishers
ISBN 13 : 9781454840824
Total Pages : 0 pages
Book Rating : 4.8/5 (48 download)

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Download or read book Estates in Land and Future Interests written by John Makdisi and published by Aspen Publishers. This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This workbook provides a basic, systematized account of the rules and classifications of estate law. Problem sets in each chapter let students practice applying the rules and assigning the classifications of this intricate area of law in hypothetical situations. Features: Comprehensive problem sets for each chapter (550 problems total) with fully explained and analyzed answers in every chapter help to simplify this complex area of property law, and build student confidence more than a simple hornbook or other commercial study guide Coverage of major statutory and judicial reform of the RAP (Rule Against Perpetuities) will insure that this book will not be out of date by the time students prepare for the bar exam Dynamic learning philosophy which espouses that students should focus first on the classifications of estates and future interests, then the rules governing these classifications, and only then the RAP, since the RAP builds upon the classifications and rules. The book explains these rules and provides problems and answers that carefully lead students from one difficult plateau to the next Ideal for students in both first-year Property as well as Wills and Trusts--the chapter on powers of appointment is useful to the latter Coverage of all the rules as they are applied today, with historical background of the law Systematic organization of the common law Concise and clear explanations of classifications of interests and estates Can be used in conjunction with any property casebook or Wills, Trusts, and Estates casebook Correlation chart matches the material with its coverage in several popular first-year property casebooks: Casner, Dukeminier, Singer, Kurtz, Cribbet, Makdisi, Freyermuth, and Smith New to the Sixth Edition: Removal of discussion of Fee Tails to appendix (including problems and answers), in light of the rarity of fee tail problems today, and of the fact that they do occur, they are transformed in nearly every jurisdiction into some form of life estate and/or fee simple Separation of Ch. 1 into two chapters for an easier introduction to the concepts: Classification of Estates (Ch. 1), and Classification of Future Interests (Ch. 2) More than 50 new problems and answers, with refined answers to existing problems Explanation of how several rules are used in different states (including whether a majority or minority of states use a particular rule) Updated and expanded Correlation chart including new casebooks (Makdisi, Freyermuth, and Smith)