Last Tuesday, I blogged about The Descendants and powers of attorney/advance directives. Today, I thought I would talk about one of the central plot points: the Rule Against Perpetuities. The Rule Against Perpetuities is a very old common law rule that states,...
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rule against perpetuities
Talk about ruling from the grave!
When Wellington Burt died, he was one of the richest men in America. He was a self-made man, having earned his fortune in timber and iron. He was philanthropic during his lifetime, sharing his wealth with the people in his community – he built a hospital, an...