The rule is ruthless:
Professor P: “And the rule against perpetuities doesn’t care if the child’s interest ends by a child getting the property, or if the interest ends with the child getting hit by a bus and not getting the property. Either way the rule is happy.”
Further Reading...
Restraint
January 6, 2010OTR: Tax, Modern Real Estate
September 18, 2009Gamma @ Punch
February 13, 2009
Previous Post
The hungry junkie...
Next Post
No Comments