The law governing conflict of trust laws is widely understood to be outdated. The geographic fragmentation of families, the shift in the nature of wealth from land to liquid financial assets, the rise of directed trusts, the practice of trust decanting, and the shift to informal accountings are not addressed by the prevailing Restatement (Second) of Conflict of Laws, which is now more than 50 years old. With unresolved conflict of trust laws scenarios arising with increasing frequency, both the American Law Institute and the Uniform Law Commission (ULC) initiated reform projects to address this obsolescence.
The content of this program does not meet requirements for continuing legal education (CLE) accreditation. You will not receive CLE credit for this program.
