ALI-ABA Topical Courses In Terrorem Clauses: Avoiding Will Contests and Disinheritance February 16, 2011 Telephone Seminar/Audio Webcast



Similar documents
Question Presented. Short Answer

A Summary of California Trustee Responsibilities, Beneficiary Rights, and Elder Law Issues

NONJUDICIAL TRANSFER OF TRUST SITUS CHART 1

ABILITY TO TRANSFER "S" CORPORATION STOCK TO INTER VIVOS TRUSTS (Business Advisory No. 10)

AB 21: New Attorney Conflict Rules Invalidate Transfers and Restrict Compensation. by MARK J. PHILLIPS

Chapter 8: Posthumous Application of the Attorney-Client Privilege

Lawyer As Trustee. Susan L. Repetti

DATA BREACH CHARTS (Current as of December 31, 2015)

Directed Trusts: Delaware v. Florida Fiduciary Forum September 16, 2014

Why Is Everyone Talking About Delaware Trusts? Peter S. Gordon, J.D., LL.M.

What Trustees Should Know About Florida s New Attorneys Fee Statute. By David P. Hathaway and David J. Akins. Introduction

California PUBLIC CONTRACT LAW

The following content is taken from the Florida Bar website. To learn more, please contact an attorney.

WHERE THERE S A WILL, THERE S A... DUTY?: A CLOSER LOOK AT THE SAFEKEEPING OF CLIENTS ORIGINAL ESTATE PLANNING DOCUMENTS. Jennifer A.

Hot Topics in Probate Litigation

As the Boston Bar Journal went to press, the Massachusetts Uniform Trust Code ( MUTC ) was

People have attempted to bequeath property to their companion

Colorado s Civil Access Pilot Project and the Changing Landscape of Business Litigation

UNIFORM FIDUCIARY ACCESS TO DIGITAL ASSETS ACT. SECTION 1. SHORT TITLE. This [act] may be cited as the Uniform Fiduciary

DISTRICT COURT OF APPEAL OF THE STATE OF FLORIDA FOURTH DISTRICT July Term 2011

SUPREME COURT OF THE UNITED STATES

15 GCA ESTATES AND PROBATE CH. 7 TESTAMENTARY ADDITIONS

NEW YORK COUNTY LAWYERS ASSOCIATION ESTATES, TRUSTS AND SURROGATE S COURT PRACTICE SECTION

California Senate Bill 474 Impact on Owners & Contractors

California. Trusts and Estates Quarterly

SUPERIOR COURT OF ARIZONA IN MARICOPA COUNTY

REVISED UNIFORM FIDUCIARY ACCESS TO DIGITAL ASSETS ACT (2015)

LEGISLATIVE BILL 72. Approved by the Governor May 13, 2015

APPLICATION FOR EMPLOYED LAWYERS PROFESSIONAL LIABILITY INSURANCE

Avoiding the Trusts and Estate Traps: The Top 10 Ethical Dilemmas Faced by Practitioners. By: John L. Pritchard, Esq.

ESTATE SETTLEMENT BASICS

CONTESTING A WILL OR AN ESTATE

How a Corporate Trustee Can Help a Financial Planner Meet Their Client s Goals

Basics of Estate Planning

GIFTS TO LAWYERS AND OTHER DISQUALIFIED PERSONS

THE LAW OF SUCCESSION: DEATH TESTATE OR INTESTATE

THE ANDERSEN FIRM A PROFESSIONAL CORPORATION. Probate, Trust Administration and Litigation in Florida

Estate Planning Checklist

Case 8:13-cv VMC-TBM Document 36 Filed 03/17/14 Page 1 of 11 PageID 134 UNITED STATES DISTRICT COURT MIDDLE DISTRICT OF FLORIDA TAMPA DIVISION

Decanting With No Carafe The Trust Way

DELAWARE TRUSTS: HOW THEY MIGHT HELP YOUR CLIENTS IN VARIOUS STATES. By: David A. Diamond. Part One

PA Regulatory & Legislative Update

18 U.S.C General rules for civil forfeiture proceedings

Loretta s Law Changes the Way Powers of Attorney are Drafted in Maryland Unedited Version of the January Maryland Bar Bulletin Article

Same-Sex Spouses, Partners and Adult Adoptions:

Comments of the STEP UK Technical Committee on the draft legislation on trusts with vulnerable beneficiaries issued on 17 January 2013

Impacts of Sequestration on the States

THE OREGON UNIFORM TRUST CODE: WHAT IT IS AND THE EXTENT TO WHICH IT CHANGES OREGON LAW (Section References Are to Sections of SB 275)

TABLE OF CONTENTS. ARTICLE III... 8 TRANSFER DURING LIFE Sale of Shares During Shareholder's Life... 8

Riddle & Akiens, LLP

Unclaimed Property Debate

Cayman Islands Unit Trusts

MERS Recommended Foreclosure Procedures

RESIDENTIAL LIMITED COVERAGE MORTGAGE MODIFICATION POLICY Issued By WFG NATIONAL TITLE INSURANCE COMPANY

Use of Asset Protection Trusts in Lieu of or in Conjunction with Prenuptial Agreements

TABLE OF CONTENTS 1.00 ORGANIZATION AND AUTHORITY 1.01 TAX DIVISION AUTHORITY CRIMINAL ENFORCEMENT SECTIONS ORGANIZATION CHART...

SUPERIOR COURT OF THE STATE OF CALIFORNIA FOR THE COUNTY OF

Discretionary Trust (DT)

The Public Administrator may be appointed under the following circumstances:

INSURANCE BENEFICIARY CHANGES

Producer Guide For producer use only. Not for distribution to the public.

CHICAGO TITLE INSURANCE COMPANY

White Paper Case Closed: enotes Are Legal

SMALL CLAIMS RULES. (d) Record of Proceedings. A record shall be made of all small claims court proceedings.

ALI-ABA Course of Study Asbestos Litigation: Where Is It Going? When Will It End? December 4-5, 2008 San Antonio, Texas

TRUST AND ESTATE LITIGATION: WHAT TRUST AND ESTATE LITIGATORS THINK NON-LITIGATORS NEED TO KNOW

Title 33: PROPERTY. Chapter 12: SHORT FORM DEEDS ACT. Table of Contents

STATE OF COLORADO STATUTORY FORM POWER OF ATTORNEY IMPORTANT INFORMATION

Special Rules Affecting Charities and Charitable Interests under New Hampshire s Trust Laws

New Foreclosure and Bankruptcy Attorney Network and Attorneys Fees and Costs

APPLICATION PURSUANT TO SECTION (6)(A), C.R.S. 2013

Underwriting Bulletin:

ESTATE PLANNING. Hawaii Real Property Issues and Techniques. Heather K.L. Conahan Loden & Conahan, AAL, ALC. James L. Starshak Carlsmith Ball, LLP

An Overview of Ethical Issues in Estate Planning

UNDERSTANDING PROBATE. The Family Guide PREPARED BY ROBERT L. FERRIS

New Jersey Revision of The Uniform Adult Guardianship and Protective Proceedings Jurisdiction Act Presented by:

Wealth Strategies. Your Guide to Estate Planning. Your Guide to Estate Planning WEALTH STRATEGIES Page 6

Fein, Such, Kahn & Shepard, P.C. 7 Century Drive, Suite 201, Parsippany, NJ Phone: Fax:

PROBATE & ESTATE PLANNING JOURNAL

Estate Planning Attorneys Defensive Strategies to Minimize the Perils of Litigation

7 Reasons to Have a Trust in California

Transcription:

39 ALI-ABA Topical Courses In Terrorem Clauses: Avoiding Will Contests and Disinheritance February 16, 2011 Telephone Seminar/Audio Webcast No Contest Clauses in Wills and Trusts By Fiduciary Litigation Committee of the American College of Trust and Estate Counsel

40 APPENDIX 1 IN TERROREM CLAUSES: AVOIDING WILL CONTESTSAND DISINHERITANCE NO CONTEST CLAUSES IN WILLS AND TRUSTS INTRODUCTION A testator or settlor dies with a will or trust in place that contains a clause penalizing those who challenge the will or the trust, known as an in terrorem or no-contest clause. Courts across the country are faced with the task of balancing competing public policies to determine the extent to which such clauses will be enforced, if at all. One policy at issue stems from the basic principle that courts wish to honor a testator or settlor's intent. When a no-contest clause it at issue, directly at odds with honoring the decedent's intent is the policy that equity abhors forfeiture. Many states have taken the position that such clauses will be enforced, albeit to a limited extent. Rationales for enforcement of in terrorem clauses are grounded on the theory that such clauses lessen the chance frivolous litigation will be brought against the estate, preserving the estate's assets and lessening the likelihood the deceased's reputation will be attacked when he or she is no longer alive to respond. At the same time, many courts recognize that there is a public interest in ensuring that a transfer is valid and was not procured by unlawful means, thus taking the position that challenges brought in good faith with probable cause should be permitted without fear of forfeiture. Taking into consideration the competing policies at stake, states have taken varying approaches in determining whether such clauses are given effect. Some states enforce the clauses without exception, while other states have taken a view that no-contest clauses will not be enforced ifthe beneficiary has probable cause to bring a contest, and a few states have refused to enforce such clauses under any circumstances. States that have elected to enforce such clauses routinely adopt a narrow interpretation of both the clause and the challenges that qualify as a "contest" under the clause. This paper is meant to illustrate the different approaches states across the country have taken when confronted with the task of analyzing and enforcing in terrorem clauses under various circumstances. This paper is not intended to be an exhaustive analysis of in terrorem clauses, but rather a general overview of the approaches taken by uniform laws, legal commentators, and 15 select states, including: California Illinois New Jersey Colorado Kentucky New Mexico Connecticut Massachusetts New York Florida Missouri Pennsylvania Georgia Nebraska Texas Appendix 1-1

41 UNIFORM PROBATE CODE (Gerald Carp and Jules Haskell) The Uniform Probate Code contains two identical provisions relating to penalties for contesting a will: (i) Section 2-517, which is part of Article II on Intestacy, Wills, and Donative Transfers, and (ii) Section 3-905, relating to Probate of Wills and Administration. These provisions read as follows: "A provision in a will purporting to penalize an interested person for contesting the will or instituting other proceedings relating to the estate is unenforceable if probable cause exists for instituting proceedings." 'Ihis section appears to place the burden of proving "probable cause" on the will contestant. Without such prooc the in terrorem clause will be enforced. Proof of probable cause may also determine who pays for the examination of witnesses and other discovery. Local law may provide that in all events the estate pays for the costs of the examination of the draftsman and two of the witnesses to the will. Which party is charged with the costs of additional examinations and other discovery may be dependent upon whether the contestant establishes such probable cause. UNIFORM TRUST CODE The Uniform Trust Code contains no provisions addressing the enforceability of in terrorem or no-contest clauses in trusts. The decision to omit any mention of in terrorem or nocontest clauses from the Uniform Trust Code was intentional. It appears that the Uniform Laws Commissioners concluded that it would not be productive to introduce another public policy issue into the lengthy drafting process of the final UTC. RESTATEMENT POSITION The Restatement of the Law on Trusts specifically addresses no-contest clauses, providing that "a no-contest clause may not be enforced to the extent that doing so would interfere with the enforcement or proper administration of the trust." Restatement (Third) of Trusts 96. The comments recognize that the general purpose behind no-contest clauses is to deter challenges as to the validity of a donative instrument rather than to inhibit litigation to enforce a trust created by the instrument. No-contest clauses are generally enforceable in most jurisdictions, but such enforcement is subject to statutory or common law limitations and are construed narrowly. Restatement (Third) of Trusts, cmt. e. Similarly, the Restatement of Trusts takes the position that a no-contest clause that would be otherwise enforceable is unenforceable to the extent enforcement would inhibit beneficiaries' enforcement of their rights under the trust. Restatement (Third) Trusts 96. Thus, suits to enforce the duties of trustees or determine the proper meaning or effect of trust terms normally would not constitute a "contest" and a nocontest clause would not be implicated. Appendix 1-2

42 The Restatement of the Law of Property: Wills & Other Donative Transfers also addresses no-contest clauses, providing that "A provision in a donative document purporting to rescind a donative transfer to, or a fiduciary appointment of, any person who institutes a proceeding challenging the validity of all or part of the donative document is enforceable unless probable cause existed for instituting the proceeding." Restatement (Third) Property 8.5. The comments indicate that such clauses are "construed narrowly, consistent with their terms." 'rhe comments also recognize that the validity of no-contests clauses is not universally accepted, nor is the probable cause exception the Restatement advocates. The Restatement of the Law on Property also echoes the Restatement of Trusts, by stating that "An otherwise effective provision in a will or other donative transfer, which is designed to prevent the acquisition or retention of an interest in property in the event there is a contest of the validity of the document transferring the interest or an attack on a particular provision of the document, is valid, unless there was probable cause for making the contest or attack." Restatement (Second) Property 9.1. The Restatement recognizes that restraints against contests do more than preserve the disposition of the transferor against overthrow; such clauses also tend to lessen not only the wasting of the estate in litigation but also attacking the reputation of the decedent when he or she is no longer alive to provide a defense. Comment a further discusses the rationale for the probable cause exception. Restatement (Second) Property 9.1 cmt. a. The probable cause exception recognizes that it would be a contravention of public policy to place such a strong deterrent on an action challenging the transfer with probable cause. Thus, under the Restatement, the policy of ensuring valid transfers is balanced against refusal to enforce the forfeiture where there is probable cause to believe a donative transfer is not valid. TREATISES Bogert's Trusts devotes a section to the validity and enforcement of In terrorem clauses. When called upon to construe no-contest clauses the courts must walk the line between two wellestablished principles. George Gleason Bogert, George Taylor Bogert & Amy Morris Hess, Bogert's Trusts and Trustees, 181 (2009). Enforcement of the clauses is advocated based on the long-standing principle that the intent of the settlor should be given effect. Id. At the same time, equity does not favor forfeiture, thus courts have generally construed such clauses narrowly. Id. For example, where a beneficiary brings or joins in an action to construe a trust instrument, courts have consistently concluded that the forfeiture clause is not triggered, reasoning that the beneficiary is not attempting to set aside the trust or invalidate any of its provisions, but rather, is an interested party seeking judicial guidance to give effect to the settlor's intent. Likewise, when the trustee's administration or management of the trust is called into question, a no-contest clause is generally not triggered. Id. The validity of a particular clause will likely depend on the grounds asserted for invalidity. Id. For example, if it is alleged that a paliicular disposition violates the Rule of Perpetuities, forfeiture is unlikely, even if the suit is not successful where probable cause exists. In addition, the type of conduct constituting a violation of the clause may be relevant. Simply seeking judicial construction of a clause generally does not rise to the level of a "contest," nor does challenging the trustee's administration or management of the trust estate. Id. The rationale for refusing to enforce the clause under these circumstances is premised on the court's 31661641 Appendix 1-3

43 view that such actions by a beneficiary are not an attempt to undermine the testator's intent, and enforcement would not serve the purpose of the clause. Jd. Scott and Ascher on Trusts comes to the same conclusions as Bogert, providing that nocontest clauses are generally unenforceable and contrary to public policy to the extent the clauses purport to relieve a trustee of his or her duties or have the affect of relieving a trustee of his or her duties. Scott and Ascher on Trusts, 9.3.14 (Robert N. Sacks and Gary Mitchell Ruttenberg) CALIFORNIA New legislation has recently become effective in California, resulting in significant changes in the no-contest arena. On January 1, 2010, a new statutory framework went into efiect to completely change California law for no-contest clauses for all instruments l that became irrevocable on or after January I, 2001. (Prior California law still governs instruments that became irrevocable before January 1. 2001). Therefore, California is currently operating under two regimes. Under the old system, applicable to instruments that become irrevocable prior to January 1, 2001, no-contest clauses are valid and enforceable in the State of California (with a myriad of exceptions). Probate Code Section 21303 provides that, with certain exceptions, "a no-contest clause is enforceable against a beneficiary who brings a contest within the terms of a no-contest clause." Also in accordance with Probate Code Section 21304, "a no-contest clause shall be strictly construed." The term "contest" is defined by statute, Probate Code Section 21300 (a), to mean "an attack in a proceeding on an instrument or on a provision in an instrument." The term "nocontest clause" is defined in Probate Code Section 21320 (b) to "mean a provision in an otherwise valid instrument that, if enforced, would penalize a beneficiary if the beneficiary brings a contest." The codification as set forth in Probate Code Section 21300 et seq. is, in accordance with Probate Code Section 21301, "not intended as a complete codification of the law governing enforcement of a no-contest clause." It further provides that the "common law governs enforcement ofa no-contest clause to the extent [the statutes do] not apply." Under the old regime, which still governs instruments that became irrevocable before January I, 2001, various exceptions to the enforcement of a no-contest clause are provided by statute: Probate Code Section 21305 creates two classes of actions/proceedings eliminating or limiting the eftectiveness of no-contest clauses: 1 California law references "instruments," which the California Probate Code defines as "a will, trust, deed, or other writing that designates a beneficiary or makes a donative transfer of property." Cal. Probate Code Section 21310. Appendix 1-4