European Journal of Law Reform

Praktijk

Examining the Use of Arbitration and Dealing with Decedent’s Wishes in Wills, Trusts and Estates

Keywords arbitration, wills, trusts, pre-drafting contract, family
Authors Tzena Mayersak
Author's information

109356 Tzena Mayersak
Tzena Mayersak M.S. received her Master’s of Science in Justice, Law, and Society from the American University in August 2006 and is a Candidate for Juris Doctor, Hamline University School of Law, May 2012.
  • Abstract

      This article examines the use of arbitration in wills and trusts as a method to honor decedents wishes. It explores the use of contracts drafted prior to the creation of a will or trust – referred to as a pre-drafting contract – as a method to allow for the inclusion of arbitration. The article also briefly discusses the use of in terrorem clauses – also known as disinheritance clauses – in wills and trusts. It suggests that in terrorem clauses can be detrimental and that the issues that can arise as a result of such provisions can be avoided by using pre-drafting contracts. Finally, the article suggests the benefits of using arbitration and pre-drafting contracts can include confidentiality, the ability to save time and money, and the ability to protect family relationships.

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