Construct · 1 fields · 1 citations

nonprobate revolution: a standalone construct

One name. One construct. A landmark on the map.

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nonprobaterevolution1 CONSTRUCTNonprobate revolutionLANGBEIN · TRUSTS AND ESTATES

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Trusts and estates law

the shift of wealth transmission at death away from probated wills toward will substitutes such as life insurance, joint accounts and pension plans.

In trusts and estates law, nonprobate revolution refers to the shift of wealth transmission at death away from probated wills toward will substitutes such as life insurance, joint accounts and pension plans. This meaning comes from Langbein (1984) in Harvard Law Review.[1]

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Nearby constructs

accounts1 fields · 1 citationsanchor · a standalone constructintergenerational wealth transmission1 fields · 1 citationsanchor · a standalone constructjoint2 fields · 2 citationsjingle · one word, two constructs

References

  1. Langbein, J. H. (1984). The Nonprobate Revolution and the Future of the Law of Succession. Harvard Law Review, 97(5), 1108. https://doi.org/10.2307/1340825

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