Will-substitutes in England and Wales

Book section

Abstract:: Will-substitutes, that is to say mechanisms that are functionally equivalent to wills, are very common in the US, where much of the wealth is transferred on death by means other than wills, and thus outside traditional probate procedures. The purpose of this chapter is to investigate whether this is the case also in England and Wales. This chapter explores some of the most common mechanisms used, the rationale behind their use, as well as the consequences that arise from their proliferation....
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Institution:

University of Oxford

Division:

Social Sciences Division

Department:

Law

Oxford college:

Lady Margaret Hall

Role:

Author, Editor

Role:

Editor

Publisher:: Hart Publishing Publisher's website
Host title:: Passing Wealth on Death: Will-Substitutes in Comparative Perspective
Pages:: 51-78
Publication date:: 2016-07-28
ISBN:: 9781849466981

Keywords:: joint tenancy

probate

estate planning

will-substitutes

creditors

dependants

wills

donatio mortis causa

pension schemes

life insurance

revocable trusts
Pubs id:: pubs:679597
UUID:: uuid:aa2d1671-fdf6-4058-af5a-9083aa508baf
Local pid:: pubs:679597
Source identifiers:: 679597
Deposit date:: 2017-05-25

Licence:: Terms and Conditions of Use for Oxford University Research Archive

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