Baker Botts, L.L.P. v. Cailloux

OPINION

CATHERINE STONE, Justice.

Floyd and Kathleen Cailloux hired Baker Botts, L.L.P., to devise an estate plan for their multimillion dollar estate. Floyd died before Baker Botts could finish all stages of the Caillouxes’ estate plan. Baker Botts designed a revised estate plan for Kathleen immediately following her husband’s death. Under the revised plan, Kathleen voluntarily disclaimed her right to her husband’s share of the marital estate. As a result of Kathleen’s disclaimer, $65.5 million vested immediately in various charitable organizations Floyd had designated in his will.

Kathleen…