As I wrote in a prior post, dated February 25, 2011, concerning the Estate of Dianne Edwards, the “slayer rule” articulated by the Court of Appeals in Riggs v. Palmer provides that “[n]o one shall be permitted to profit by his own fraud, or to take advantage of his own wrong, or to found
2012
Infants as Parties to Stipulations of Settlement in Surrogate’s Court Proceedings
Generally, where an infant or someone under another disability is a necessary party to an action, it is the parent or guardian of the property who represents him in that action. If the disabled individual has no such guardian, then the court shall appoint a guardian-ad-litem to represent his interests (see CPLR 1201…
Standing of “Potential Heirs” to Sue for Their Parents’ Assets
Estate litigation oftentimes arises when parents favor one or more of their children over others in their estate plans. Fortunately, at least for the parents, they typically do not have to deal with the issues involved in the litigation, as they are deceased by the time that it arises. As the Second Department’s decision in…
Two Recent Decisions That Have Validated and Invalidated Inter Vivos Gifts
In our latest entry, Ilene S. Cooper discusses two recent decisions addressing the validity of inter vivos gifts, and the contrasting results of each case.
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Attorney-In-Fact has Authority to Amend an Irrevocable Trust Pursuant to EPTL 7-1.9
In our latest entry, Spencer Reams discusses a recent Second Department decision addressing the authority of an attorney-in-fact to amend an irrevocable trust.
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Validity of Decedent’s Marriage the Focus of Application to Vacate Stipulation of Settlement
In the recent case of Matter of Cheek, Surrogate Holzman of Bronx County addressed two issues that arise with some frequency in the context of Surrogate’s Court litigation – the validity of a decedent’s marriage, and a party’s attempt to vacate a stipulation of settlement. Jaclene D’Agostino discusses the decision in our latest entry.
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Potential Creditor of Trust Beneficiary Not Interested Party In Accounting Proceeding
Nassau County Surrogate Edward W. McCarty, III recently held that potential creditors of a living trust beneficiary were not interested parties in the trust accounting proceeding. Eric Penzer discusses the decision in our latest entry.
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Provision in Pre-Nuptial Agreement to Create Trust for Children is Enforceable
In a recent Westchester County decision, the court enforced the terms of a prenuptial agreement providing that the decedent was to leave trusts for the benefit of his children despite some unusual circumstances. Jack Barnosky discusses the case in our latest entry.
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Unlawful Marriages and the Right of Election
In our latest entry, Rob Harper discusses Surrogate Czygier’s decision in Matter of Newman, a case addressing the validity of an elective share.
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Court Awards Compensatory and Punitive Damages, and Attorney Fees, for Fraud in Probating Will
Having been adjudicated in both the criminal and civil forums, Castor v. Pulaski addressed the disturbing scenario of a wife murdering her husband, and thereafter forging his will so as to obtain all of his property. John Morken dicusses the civil case in this week’s entry.
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