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  2. Rule against perpetuities - Wikipedia

    en.wikipedia.org/wiki/Rule_against_perpetuities

    The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.

  3. Uniform Probate Code - Wikipedia

    en.wikipedia.org/wiki/Uniform_Probate_Code

    Intestate succession of property; procedures for making, interpretation, and revocation of wills (includes Statutory rule against perpetuities and Uniform Simultaneous Death Act) 3 Probate of Wills and Administration: Procedural rules for the probate process 4 Foreign Personal Representatives and Ancillary Administration

  4. This Really Old Law Could Ruin Your Inheritance Plans

    www.aol.com/finance/arcane-law-could-derail...

    The rule against perpetuities is an example of how older property laws can influence how families transfer and inherit property rights. Well-meaning grantors create wills defining their wishes …

  5. Future interest - Wikipedia

    en.wikipedia.org/wiki/Future_interest

    Executory interests are subject to the rule against perpetuities, which disqualifies any interest that can vest more than twenty-one years after the death of every party who was living at the time the interest was created. However, if all of the potential vesting beneficiaries are named, the rule will never be violated.

  6. Perpetuities and Accumulations Act 1964 - Wikipedia

    en.wikipedia.org/wiki/Perpetuities_and...

    The reforms introduced a statutory limitation on how long income could be accumulated before it must be distributed. In 2009, many of the Act's principles were further reformed by the Perpetuities and Accumulations Act 2009, which introduced a single, simplified perpetuity period of 125 years, replacing the earlier rules. [1]

  7. Perpetuities and Accumulations Act 2009 - Wikipedia

    en.wikipedia.org/wiki/Perpetuities_and...

    The Perpetuities and Accumulations Act 2009 (c. 18) is an Act of the Parliament of the United Kingdom that reforms the rule against perpetuities. The Act resulted from a Law Commission report published in 1998. [3] It abolishes the rule against perpetuities in most non-trust contexts, such as easements. [3]

  8. Defeasible estate - Wikipedia

    en.wikipedia.org/wiki/Defeasible_estate

    Unless a defeasible estate is clearly intended, modern courts will construe the language against this type of estate. Three types of defeasible estates are the fee simple determinable, the fee simple subject to an executory limitation or interest, and the fee simple subject to a condition subsequent. A life estate may also be defeasible.

  9. ‘Latinos Break The Mold’ by Huffington Post

    testkitchen.huffingtonpost.com/latinos-break-the...

    Latinos Define Their Identity In Stunning Photo Essay