A rule stating that a trust cannot be considered valid unless the beneficiaries get vested in the trust property in the next 21 years.
Related information about rule against perpetuities:
- Rule against perpetuities - Wikipedia, the free encyclopedia
The common law rule against perpetuities forbids some future interests ( traditionally contingent remainders and executory interests) that may not vest within the ...
- Illustrations of the rule against perpetuities - Wikipedia, the free ...
The fertile octogenarian is a fictitious character that comes up when applying the rule against perpetuities. The rule presumes that anyone, even an octogenarian ...
- Rule against Perpetuities - Legal Dictionary - The Free Dictionary
Under the Common Law, the principle that no interest in property is valid unless it vests not later than twenty-one years, plus the period of gestation, after some ...
- The Rule Against Perpetuities -- Demystified! - The TestGuru Pub
The RAP: “Any interest must vest, if at all, not later than 21 years after a life in being at the creation of the interest.” This short bit of legal prose has terrified law ...
- Understanding The Rule Against Perpetuities
The rule against perpetuities is often described as one of the most complicated legal rules ever!
- THE RULE AGAINST PERPETUITIES: A SURVEY OF STATE (AND ...
At common law, the rule against perpetuities provided that: No [nonvested ... The most significant change in the state laws on the rule against perpetuities derive ...
- The Rule Against Perpetuities
The Rule Against Perpetuities. by Dina Allam. Jun. 3. Sean Silverman is an attorney and teacher who has prepared numerous students for the MBE, both in ...
- RULE AGAINST PERPETUITIES
RULE AGAINST PERPETUITIES. NO INTEREST IS GOOD UNLESS IT MUST VEST, IF AT ALL, NOT LATER THAN 21 YEARS AFTER SOME LIFE IN BEING AT ...