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Post-Mortem Use of Wealth; Including a Consideration of Ante-Mortem Gifts

Post-Mortem Use of Wealth; Including a Consideration of Ante-Mortem Gifts


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About the Book

Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: CHAPTER I THE POWER OF WEALTH AFTER DEATH The post-mortem power of wealth is that power which may be exerted after death through a disposition of property by its owner for the benefit of family, friends, and society. The character of that power depends upon the law of the land and the terms of the instrument of disposition executed thereunder. The volume and extent of that power may or may not be in proportion to the size of the estate. By grace of the laws of civilisation a man is permitted to do certain acts in his lifetime which give direction to his property after his death. In thus permitting the hand of the dead to exercise dominion over property the laws of civilisation deal very fairly with boththe living and the dead. There are, however, limits beyond which dominion over property after death cannot extend, which limits determine the validity and invalidity of all wills, settlements, and similar instruments. Such limitations are well marked in the law, but they are not always well understood as is shown by the unfortunate amount of disastrous litigation concerning estates of deceased persons. With proper precaution there is no reason why any person of sound mind may not exercise an important dominion over his property after death. He may conserve his estate, direct its management, benefit the rising generation, avert litigation, and save his fortune from the blight of family discord. To this end he may make deeds of trust, declarations of trust, marriage or other settlements, a will, and the like. By means of one or more of these instruments the power of wealth after death may be made to tell for good or ill, depending upon the wisdom with which it is planned and the skill with whichit is prepared. If wisely directed, wealth may become a most efficient force af...


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Product Details
  • ISBN-13: 9780217739382
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 22
  • Spine Width: 1 mm
  • Width: 189 mm
  • ISBN-10: 0217739385
  • Publisher Date: 02 Feb 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 59 gr


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