Scholarly Articles and Other Contributions
 

Document Type

Article

Publication Date

1966

Abstract

The uncertainty, delay, and expense that frequently attend the testamentary gift as it passes through probate and administration have caused many people to seek a different means of providing for the posthumous distribution of their property among their families and friends. The revocable trust has proven to be a popular answer to this quest. For the revocable trust enables a settlor to retain his pre-eminence while making a gift which technically is not testamentary and which therefore need not pass through probate and administration.

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