Publications | Single Issue Periodical
Family Advocate Fall 2021: Vol. 44, No.2
Heirs Property 2021 Day 1: Writing, Implementing and Expanding on the UPHPA; Identifying, Addressing and Planning for Heirs��� Property Solutions: From Mediation to LLC [CC]
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Heirs Property 2021 Day 1: Writing, Implementing and Expanding on the UPHPA; Identifying, Addressing and Planning for Heirs��� Property Solutions: From Mediation to LLC [CC]
Explore the fundamentals of heirs property and the efforts to prevent and deter the loss of land and home across generations, with a special focus on the Uniform Partition of Heirs Property Act, which has been adopted in 19 jurisdictions and introduced in at least 7 more.
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General
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-
General
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08/24/2024
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-
General
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General
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Self apply
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08/24/2024
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Closed Captioned.
Writing, Implementing and Expanding on the UPHPA
A discussion on the background and development of the Uniform Law Commission (ULC), the UPHPA, and ongoing ULC projects to enact the UPHPA in the remaining states and draft a new act to address crucial issues not covered by the UPHPA, such as the heirs' consent to mortgage the property in order to buy out a predatory investor. This session will also review local and state laws that increase the instability of homeowners with heirs property, and explore potential state legal reforms beyond partition laws
- Ben Orzeske , Chief Counsel at Uniform Law Commission
- Heather Way , Clinical Professor & Director of the Entrepreneurship and Community Development Clinic at Univ of Texas School of Law
Identifying, Addressing and Planning for Heirs' Property Solutions: From Mediation to LLC
If there are many tenants in common, across generations, the combination of distance, lack of personal knowledge of one another, and unresolved family issues may become a tsunami, particularly when an heir may opt to sell a small tenancy-in-common share to an outsider, triggering litigation and potential losses of appreciated land value, ability to earn a living on the land, and family history. Lest that arise, and in anticipation, heirs need to locate the other heirs, clarify expectations about property values, do title searches, engage in transactional work, and possibly retitle the land using a more stable form of ownership.
Then they need to agree how to manage the property or seek other remedies under the UPHPA such as buying out the disaffected heir or the investor. An estate planning lawyer, a lawyer who advises heirs to develop corporate forms to use in managing the property, and an expert in alternative dispute resolution weigh in on interrelated legal and personal issues and potential remedies.
- David Dietrich , Owner-Principal at Dietrich & Associates, PC
- Mavis Gragg, Director of the Sustainable Forestry and African American Land Retention Project at American Forest Foundation
- Josh Walden , Chief Operating Officer at Center for Heirs' Property Preservation
- Erica Levine Powers, Esq., Institute Chair and Immedi
Product Details
Speakers
Benjamin Orzeske, David J Dietrich, Erica Levine Powers, Heather Katharine Way, Josh F Walden, Mavis Gragg
Product Code
LG218HPD1OLC
Duration
180
Publication Date
8/25/2021 12:00:00 AM
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