Associate Professor of Law Shelly Kreiczer-Levy, College of Law and Business, has made available for download her research paper, Big Data and the Modern Family, published in the Wisconsin Law Review. The Abstract is as follows:
Despite numerous reforms over the years, intestate succession rules continue to privilege traditional, white, heterosexual families. It is evident that the one-size-fits-all scheme cannot truly reflect diversity of lifestyles and associations. This Article considers an innovative option that has become increasingly popular in recent years: using big data to create personalized rules, tailored to the personal characteristics of each decedent. This Article explores the promise and drawbacks of personalized intestacy, arguing that personalized default rules fall short in the realm of inheritance, because these rules are personal and inheritance law is inherently relational. It then offers preliminary guidelines for adapting big data techniques to the relational aspects of inheritance.Kreiczer-Levy, Shelly, Big Data and the Modern Family (October 1, 2018). Wisconsin Law Review, Vol. 2019, No. 2, 2019, 349. Available at SSRN: https://ssrn.com/abstract=3404735
Posted by Jessica Zhang, Associate Editor, Wealth Strategies Journal.