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Rule Against Perpetuities as Applied to Trusts

Rule Against Perpetuities as Applied to Trusts

Explore the implications of the Rule Against Perpetuities on trusts, including a discussion of the two approaches under the Uniform Statutory Rule Against Perpetuities: the common law rule and the statutory rule.

Transcript

Theoretically, many trusts could continue to distribute property forever, which can be problematic for courts to enforce. Many states have common law doctrines or statutes preventing a trust from continuing indefinitely. Today, you’ll be learning about the so-called Rule Against Perpetuities.

We’ll start off our discussion today by introducing the Rule Against Perpetuities. After that, we’ll cover the two approaches under the Uniform Statutory Rule Against Perpetuities: the common law rule...

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