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THE RULE AGAINST PERPETUITIES: A SURVEY OF STATE …

THE RULE AGAINST PERPETUITIES: A SURVEY OF STATE

www.actec.org

THE RULE AGAINST PERPETUITIES: A SURVEY OF STATE (AND D.C.) LAW At common law, the rule against perpetuities provided that: No [nonvested property] interest is good unless it must vest, if at all, not later than 21 years after some life in being at the creation of the interest. Gray, The Rule Against Perpetuities § 201 (4th ed. 1942).

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The Rule Against Perpetuities -- Demystified! - TestGuru

The Rule Against Perpetuities -- Demystified! - TestGuru

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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 students

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UNIFORM PROBATE CODE (1969)

UNIFORM PROBATE CODE (1969)

www.uniformlaws.org

v 2-904. Exclusions From Statutory Rule Against Perpetuities. 2-905. Prospective Application. 2-906. [Supersession] [Repeal]. Subpart 2. [Honorary Trusts]

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