May 05, 2021  
2019-2020 Vincennes University Catalog 
2019-2020 Vincennes University Catalog [ARCHIVED CATALOG]

PARA 220 - Probate Law

3 hrs (Sem II)
This course is designed to teach students to understand basic concepts of probate and non-probate transfers of property rights that occur at the death of an owner. Students will learn property concepts such as tenancies in common, joint tenancies, and tenancies by the entirety, as well as the basics of future interests and inheritance law. Students will learn the basics of trusts and wills and the use of trusts and wills in estate planning. Students will learn the basic procedures to administer and close a decedent’s estate, including rudimentary principles of death taxes. Students will acquire skills to prepare a simple trust, a simple will, and basic administration and tax forms. 3 lecture hours.