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Law of Wills, 2016A

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Chapter Sixteen: Will Substitutes ...................................................................... 688<br />

16.1 Introduction ............................................................................................................. 688<br />

16.2 Life Insurance .......................................................................................................... 688<br />

16.2.1 Changing the Beneficiary ................................................................................. 689<br />

Carruthers v. $21,000 (Formerly New York Life Ins. Co.), 434 A.2d 125 (Pa. Super. 1981) ....... 689<br />

Doss v. Kalas, 383 P.2d 169 (Ariz. 1963) ..................................................................................... 691<br />

Notes, Problems, and Questions ................................................................................ 693<br />

16.3 Private Retirement Accounts ................................................................................... 694<br />

Egelh<strong>of</strong>f v. Egelh<strong>of</strong>f ex rel. Breiner, 532 U.S. 141 (2014) ............................................................... 695<br />

Questions .................................................................................................................... 703<br />

16.4 Joint Bank Accounts ................................................................................................ 703<br />

In re Estate <strong>of</strong> Platt, 772 N.E.2d 198 (Ohio Ct. App. 2002) ........................................................ 704<br />

Notes, Problems, and Questions ................................................................................ 707<br />

16.5 Concurrently Owned Real Property ........................................................................ 708<br />

16.6 Inter Vivos Trusts .................................................................................................... 708<br />

16.6.1 Creation <strong>of</strong> a Trust............................................................................................ 709<br />

16.6.1.1. Intent ......................................................................................................... 709<br />

Frazier v. Hudson, 130 S.W.2d 809 (Ky. Ct. App. 1939) ............................................................. 709<br />

Bothe v. Dennie, 324 A.2d 784 (Del. 1974) ................................................................................... 712<br />

Notes and Problems.................................................................................................... 716<br />

16.6.1.2. Property ..................................................................................................... 717<br />

In re Estate <strong>of</strong> McDowell, 781 N.W.2d 568 (Iowa Ct.App. 2010) ................................................ 717<br />

16.6.2 Modification/Revocation <strong>of</strong> a Trust ................................................................ 722<br />

Chiles v. Chiles, 242 S.E.2d 426 (S.C. 1978) ................................................................................ 722<br />

Notes, Problems, and Questions ................................................................................ 724<br />

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