If estates were static, property inalienable and assets immutable, this article would serve as nothing more than an academic exercise. However, estates grow and shrink, and the assets comprising an estate shift from one form of wealth to another. Obviously, such changes in the composition of property affected by a will can materially disrupt the testamentary plan of the decedent. In his Article Professor Chaffin investigates the effects of changes in property passing under a will and the legislative and judicial response in Georgia to the problems posed by such changes.
Verner F. Chaffin,
The Time Gap in Wills: Shifting Assets and Shrinking Estates--Obsolescence and Testamentary Planning in Georgia
Available at: http://digitalcommons.law.uga.edu/fac_artchop/44