There have been recent calls to loosen will formalities in order to allow more people to execute wills, the importance of which has been highlighted by the COVID-19 pandemic. The reduction of necessary will formalities can be successful in expanding the use of wills, as can potential tax incentives for creation of wills, such as a tax credit. However, there are numerous advantages to using tax to initiate change, as considered in this Article.
"Incentivizing Wills Through Tax,"
ACTEC Law Journal: Vol. 47:
1, Article 12.
Available at: https://scholarlycommons.law.hofstra.edu/acteclj/vol47/iss1/12