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dc.contributor.authorGray, Mark R.en_US
dc.date.accessioned2017-09-01T21:54:46Z
dc.date.available2017-09-01T21:54:46Z
dc.date.issued2017-09en_US
dc.identifier.urihttp://hdl.handle.net/10504/114177
dc.description.abstractINTRODUCTION|The practice area with the highest professional liability risk is Wills, Trusts, and Estates. In fact, the claims frequency in this area has nearly doubled between 2007 and 2014. This should be no surprise given the aging of the"baby-boomers." In addition, in Iowa and Nebraska alone, the amount of wealth now being transferred, and to be transferred over the next fifty years via wills, trusts, and estates, is estimated to be over a trillion dollars. A complex tax system and the various tax implications in the transfer of that much wealth also increase the risk of liability. These factors, considered alone, might not explain the growth in liability claims, but when one considers these factors in conjunction with the propensity of family members and other beneficiaries to sue each other and their attorneys, there is reason for concern. Additionally, the risk is not limited to malpractice claims, because the allegation of an ethics violation is equally great...en_US
dc.publisherCreighton University School of Lawen_US
dc.titleMinimizing Professional Risk in the Representation of Estates and Trusts: A Practical Guide for Iowa and Nebraska Lawyersen_US
dc.typeJournal Articleen_US
dc.rights.holderCreighton Universityen_US
dc.description.volume50en_US
dc.publisher.locationOmaha, Nebraskaen_US
dc.title.workCreighton Law Reviewen_US
dc.description.pages801-817en_US
dc.date.year2017en_US
dc.description.issue4en_US


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