There was a problem adding this course to your account. Please try again in a few minutes. If the problem persists, you can contact our support department at (877) 880-1335.
Adding Registration, Please wait...
You must be logged in to perform this action.
Log in
Cancel
“No more fractional discounts”: California’s Adoption of the Uniform Partition of Heirs Property Act
Trusts and Estates Section
Credit(s):
1 Participatory MCLE Credits
1 Legal Specialization in Estate Planning; Trust & Probate Law
The Uniform Partition of Heirs Property Act was drafted to address perceived abuse in partition actions leading to a loss of equity in inherited property, especially among lower-income parties. According to the Uniform Law Commission, the Act has been enacted by twenty-one states, including California.
The Act provides a series of due process protections: notice, appraisal, right of first refusal, and if the other co-tenants choose not to exercise their right and a sale is required, a commercially reasonable sale supervised by the court to ensure that all parties receive their fair share of the proceeds in the partition of an Heirs Property. The Act provides for added opportunities for non-partitioning parties to buy out partitioning parties’ interest in the inherited property. The Act essentially allows non-partitioning co-owners of heirs property to retain their share of an inherited property by ensuring that they have the necessary due process to prevent the forced sale of the property.
1 Participatory MCLE Credits
1 Legal Specialization in Estate Planning; Trust & Probate Law
Customers Who Bought This Item Also Bought
(CLEtoGo (Podcasts)) Ethical Concerns for Trust and Estate Practitioners
(OnDemand) Ethical Concerns for Trust and Estate Practitioners
(CLEtoGo (Podcasts)) Medi-Cal Recent Developments
(OnDemand) Alzheimer’s Disease and Other Dementias – What Do Planners and Litigators Need to Know?
(CLEtoGo (Podcasts)) 2019 CLA Annual Meeting - A New Age of Estate Planning for Married Couples
(CLEtoGo (Podcasts)) The Ethics of Social Media and Attorney Competency
(CLEtoGo (Podcasts)) Locking Down on Recent Developments
(CLEtoGo (Podcasts)) Subtrust Allocation for Litigation Attorneys
(CLEtoGo (Podcasts)) Attorney’s Fees and Fee Shifting in Probate Proceedings
(CLEtoGo (Podcasts)) 529 Plan Basics for Estate Planning
(OnDemand) Inside The Black Box of Estate Administration and Executors’ Elections
(OnDemand) Intersection of Estate Planning and Crypto Assets
(CLEtoGo (Podcasts)) Ethical Concerns for Trust and Estate Practitioners
(OnDemand) Ethical Concerns for Trust and Estate Practitioners
(CLEtoGo (Podcasts)) Medi-Cal Recent Developments
(OnDemand) Alzheimer’s Disease and Other Dementias – What Do Planners and Litigators Need to Know?
(CLEtoGo (Podcasts)) 2019 CLA Annual Meeting - A New Age of Estate Planning for Married Couples
(CLEtoGo (Podcasts)) The Ethics of Social Media and Attorney Competency
(CLEtoGo (Podcasts)) Locking Down on Recent Developments
(CLEtoGo (Podcasts)) Subtrust Allocation for Litigation Attorneys
We are committed to accessibility! All OnDemand programs after January 1, 2022 include closed captioning. To request closed captioning for a program older than January 1, 2022, send us a note at accessibility@calawyers.org or contact us at 916-516-1760 for assistance.
Adding Registration, Please wait...
