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Hirsch on Transfers Law

By Lawrence Solum

Adam J. Hirsch (Florida State University College of Law) has posted Freedom of Testation / Freedom of Contract (Minnesota Law Review, Forthcoming) on SSRN. Here is the abstract:

This Article argues that lawmakers ought to recategorize inheritance law and contracts law as cognate bodies of doctrine within a larger genus of transfers law. The Article proceeds to examine comparatively the justifications for freedom of contracts and freedom of testation, concluding that their underlying rationales are largely, although not entirely, symmetrical. This conclusion suggests the usefulness of comparative analysis of substantive limitations imposed on each of the two freedoms, which may prove inconsistent with each other or, what is worse, incompatible to the extent that contractual forms of transfer can functionally substitute for testamentary forms of transfer. In fact, such inconsistencies and incompatibilities do exist within several of the doctrines currently limiting a testator's freedom to craft an estate plan. These findings suggest the need to reconcile substantive doctrines within the fields of wills and contracts, a process that will require lawmakers to redraw the boundaries of freedom of testation.

Very interesting. Recommended.

Full post as published by Legal Theory Blog on May 14, 2010 (boomark / email).