Wills, Trusts, and Estates

Authors

• Allison A. Tait, University of Richmond - School of Law
• Hunter M. Glenn, McGuire Woods

Abstract

This year could be considered quiet in both legislative and judicial activity, lacking as it was in any substantial new legislative enactments or major opinions from the Supreme Court of Virginia on core wealth transfer issues. Nevertheless, a set of modest legislative changes helped bring the rules for revocable trusts in line with the rules for wills, standardizing estate planning and wealth transfer regulation, while other changes also brought clarity to existing rules by amplifying procedures and providing additional de- tail for administrative processes. In the judicial setting, while guidance for this practice area was primarily provided by the Court of Appeals of Virginia, the cases covered a wide array of topics, like rights to an accounting, the role of the Commissioner, and no con- test clauses. A large concentration of the judicial matters also flagged the numerous issues that can arise when leaving property and residence rights to individuals through an estate plan. …

Recommended Citation

Allison A. Tait & Hunter M. Glenn, Wills, Trusts, and Estates, 59 U. Rich. L. Rev. 143 (2024).
Available at: https://scholarship.richmond.edu/lawreview/vol59/iss1/7