The Sixth Edition of Sterk and Leslie's Estates and Trusts modernizes a classic book to reflect important changes in the field. The new edition includes:
Expanded discussion of trust decanting and directed trusts, including excerpts from the new Uniform Trust Decanting Act and Uniform Directed Trusts Act
Eleven new principal cases decided since 2015, including:
Estate of Prince (applying the presumption of paternity to reject claims by persons claiming to be blood relatives of the renowned singer)
Aoki v. Aoki (upholding releases of powers of appointment in the estate plan of the founder of the Benihana restaurant chain)
Minnesota Life v. Rings (reconciling simultaneous death statutes with language in a beneficiary designation form)
Trust of Shire (construing the trust modification provisions of the UTC)
Pikula v. Department of Social Services (upholding a discretionary trust as a supplemental needs trust
A completely rewritten—and brief—introduction to the federal estate tax, reflecting the current provisions of the code