Welcome back to the Law School Toolbox podcast! In this episode, we’re going to focus on the definition of the rule against perpetuities, and work through some hypotheticals to break down the elements of the rule.
In this episode we discuss:
- Definition of the rule against perpetuities
- Present and future interests
- Types of executory interests
- When a class gift becomes vested
- Examples of questions involving perpetuities and how to work through them
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