Probate & Property Magazine (34:02)

Departments

Letter to the Editor

Letter from Jerold I. Horn, Attorney at Law, Peoria, Illinois

Uniform Laws Update: Disposition of Community Property Rights in Common Law Probate Proceedings

Uniform Laws Update provides information on uniform and model state laws in development as they apply to property, trust, and estate matters. The editors of Probate & Property welcome information and suggestions from readers.

Keeping Current—Property

Keeping Current—Property offers a look at selected recent cases, literature, and legislation. The editors of Probate & Property welcome suggestions and contributions from readers.

Keeping Current—Probate

Keeping Current—Probate offers a look at selected recent cases, literature, and legislation. The editors of Probate & Property welcome suggestions and contributions from readers.

Practical Pointers from Practioners: Jumping on the Bandwagon: Illinois Adopts the Uniform Trust Code

The ITC retains much of the Act and settled Illinois common law while providing more advanced administrative techniques for settlors and trustees.

Environmental Law Update: The Forever Chemicals: New Concerns With Per- and Polyfluoroalkyl Substances

have noticed the increasing frequency of news stories relating to a family of chemicals known as per- and polyfluoroalkyl substances (PFAS).

Death Care Technology

I recently sat down with Rachel Zeldin, founder and CEO of Funerals360, an end-to-end online funeral planning service, to learn about technology’s current and future role in the funeral and cremation planning industry.

The Last Word: Adventures in Literal Document Reading

Being a literal reader can be thankless, particularly when parsing accepted phrases and usages. An accepted phrase like “enclosed please find” sounds silly to a literal reader.

Features

Real Estate

Thinking Outside the Box for Anchor RETAILER Closings:

By Thomas B. Cahill, Jared E. Oakes, and Cristina Hendrick Stroh

The authors discuss the challenges faced by developers upon the closure of a struggling anchor retailer and the potential to create value by redeveloping the pad of the anchor.

Trusts & Estates

Benefit-of-the-Beneficiary Rule

By Mary P. O’Reilly and Lee-ford Tritt

Basic tax planning strategies such as life insurance trusts and GRATs are threatened by a little-known trust law known as the “benefit-of-the-beneficiary” rule—a mandatory rule promulgated under the Uniform Trust Code.

Real Estate

Landlord-Tenant Revolution Redux:

By Shelby D. Green, Samuel R. Middleton, and Britney L. Frates

New York’s Housing Stability and Tenant Protection Act of 2019 makes sweeping changes to the traditional landlord-tenant dynamic—including tenancy creation, perpetual rent controls, and post-judgment relief—creating what might be described as a “statutory lease.”