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I'm always fascinated by these tricks of game theory. e.g. in business school, the dean of the undergraduate school had this story: "When I was a practicing l
by alexpotato 4mo ago
I'm always fascinated by these tricks of game theory.
e.g. in business school, the dean of the undergraduate school had this story:
"When I was a practicing lawyer working on wills and estates, people would often ask me to cut someone completely out of their will.
I would always say that a better option was to write something like 'To my daughter Susan, I leave $1,000. She always said that she wanted to be financially independent from me so this is an amount to show her I lover her.'
Clients would always think this would send the wrong message and I would replay:
'No, no. If Susan fights the will and says she should have gotten more, the judge will say: but she clearly left you something and pointed out that she loved you AND took your wishes into account' "
I wish there was a book or collection of these types of tricks to study.
- arijun 4mo agoWait I thought standard practice was to leave $1 to show that they were considered and purposefully removed from the will? Does that fail in court?
- teddyh 4mo ago“To my loyal butler ‘You There’, for his decades of service, I leave a pittance, to be paid in 20 equal installments of 1/20th of a pittance each.”
- keane 4mo agoKind of related is peppercorn leases: https://en.wikipedia.org/wiki/Peppercorn_(law) https://en.wikipedia.org/wiki/Peppercorn_(law)
- IncreasePosts 4mo agoMultiple times in my life, a potential romantic interest asked how big it was, and I told them it was tiny. This led them to believe that it was large, because what guy who is tiny would say it was tiny? Suffice to say they were a bit disappointed when expectations met reality
- jfengel 4mo agoNobody has ever asked me that. I'm having a hard time imagining how that conversation goes. Anybody interested in it would just find out. I wonder if you were telegraphing it, which caused them to ask. I'm reasonably confident about mine, so perhaps that conveys sufficiently well that they're willing to risk finding out.
- IncreasePosts 4mo agoIt would generally be during some sexy talk leading up to a first encounter. I think it's the opposite of telegraph it for me: they think a small guy might be bashful and nervous around sex or nudity, so when I don't display those traits, they assume the opposite.
- keane 4mo agoThere’s A Hacker's Mind: How the Powerful Bend Society's Rules, and How to Bend Them Back by Bruce Schneier https://wwnorton.com/books/9780393866667 https://wwnorton.com/books/9780393866667
- deleted 4mo ago[deleted]
- didntknowyou 4mo agoidk if that would work in real life. there are cases where one sibling gets less than another and judges still rule things have to be split equitably and children should be provided for.
- Eddy_Viscosity2 4mo agoDepends how old they are. For young kids maybe, for adult children I think the will would speak for itself.
- port11 4mo agoI guess it depends on the country and how much the will deviates from reasonable clauses? I’m looking into making one now, and a notarised will has to have reasonable clauses straight away; an enclosed will that is open later can say whatever you want, but might be contested if it’s unreasonable.
- giardini 4mo agoMy estate lawyer told me that, to prevent challenges, he advised clients to add a clause directing that anyone contesting the will would be excluded completely from the estate.
- spython 4mo agoWould that be enforceable? Can people be excluded from the right to a legal dispute? It seems that otherwise any contract would include a clause that it can not be contested - which it sometimes does with mandatory mediation.
- thomascgalvin 4mo agoForced arbitration seems to be legally enforceable, and I don't see why this would be any different, but IANAL
- red-iron-pine 4mo agothe clause comes after the "we leave her $2000000.00" section. she is not excluded at any point; she gets $2M. (or $0.02, whatever) Or nothing if she wants to fight cuz she thinks she deserves $10M, etc. etc.
- snapplebobapple 4mo agoWouldnt it just be better to have a lefal system that enforced the contract without extra bs? Lawyers would be unhappy as their wages normalized but that would be a large benefit to society as well