4 ms·
IANAL but I believe "the rule against perpetuities" is one of the sticking points in using something like a trust as an institutional solution to this problem.
by erikcw 5y ago
IANAL but I believe "the rule against perpetuities" is one of the sticking points in using something like a trust as an institutional solution to this problem.
- denton-scratch 5y agoYes, I think perpetual trusts are illegal. Whether 500 years counts as perpetual, I don't know.