"Trusts and Estates Practice into the Next Millennium" by Marc S. Bekerman and Gerry W. Beyer
 

Document Type

Article

Publication Date

1-1999

Abstract

As the world prepares to enter the next millennium, the practice of trusts and estates law continues to evolve. Factors driving this evolution include an increase in life expectancy, numerous advances in medical technology, the increased geographic mobility of individuals, the growing use of revocable trusts as will substitutes, the trend to abolish the rule against perpetuities and restrictions on the ability of creditors to reach self-settled trusts. Due to advances ranging from low-tech improvements, such as refrigeration and sewer systems, to sophisticated medical procedures, such as organ transplantation and dialysis, people are living longer than their ancestors. This article examines some of these trends as well as other patterns that will affect trusts and estates law practices in the near and distant future.

Comments

Probate and Property, Vol. 13, Issue 1 (January/February 1999), pp. 7-12

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