Marijuana and Your Estate Plan

Published: May 10, 2020, 1:45 p.m.

Wait a minute -- marijuana is illegal, isn't it? Why would it factor into your estate plan? Join us for an engaging podcast discussion with our friend Gerry Beyer. Professor Beyer teaches law at the Texas Tech University College of Law. He is a national authority on a number of topics -- but especially on, shall we say, unusual estate planning issues. Like gun trusts, and pet trusts, and digital wills. One of Prof. Beyer's favorite topics to discuss involves marijuana. Yes, it is illegal under federal law. But it is legal under many state laws. In Arizona, for instance, medical marijuana is legal. People with stocks of the plant, or proceeds from legitimate sales, do occasionally die. What special considerations must be faced for those folks? Prof. Beyer confronts this unusual Elder Law Issue -- and more.