Validating life in rule against perpetuities xbmc upnp library not updating

09-Sep-2018 21:22

For example, if Donald Smith transfers his real property to his son Howard for life and then to Howard's children who are alive at the time of Howard's death, the children's interest is not vested.

The perpetuities period under the common law rule is not a fixed term of years.Of all the rules that have developed with regard to limiting the ability to transfer property, the one with the strongest ramifications today is the Rule Against Perpetuities.