Two Courts in Search of a Remedy

 

If you’ve served as a professional in the area of trusts and estates for any significant period of time, you’ll find the New Jersey appellate court’s Jan. 31 decision in Stephenson v. Speigle1 somewhat remarkable.  The appellate court upheld a decision to rescind and reallocate a transfer on death, even though there was no ambiguity in the documentation, and even though the chancery court judge admittedly could only make assumptions

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