‘Erasing the Lines between Contracts, Gifts and Wills’

Adam J Hirsch, Formalizing Gratuitous and Contractual Transfers: A Situational Theory, 91 Washington University Law Review 797 (2014). Imagine that I asked your opinion about a dispute concerning the purchase of a new car; or whether I was entitled to a necklace my friend promised to give me; or about the devise of land by my father. You would likely analyze each transaction against the rules of contracts, gifts, and estates and trusts, respectively. Was there a signed contract for the purchase of the car? Was the necklace delivered? How many witnesses signed the will? As Adam Hirsch’s Formalizing Gratuitous and Contractual Transfers: A Situational Theory points out, however, the laws of contracts, gifts, and estates and trusts are all fundamentally about transfers. And perhaps we could considerably simplify the law if we abolished doctrinal categories and instead focused on the circumstances under which transfers occur …” (more)

[Sarah Waldeck, JOTWELL, 4 February]

First posted 2015-02-04 13:24:17

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