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Study Question 151

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Does any part of the following conveyance violate the Rule Against Perpetuities? ... Does any part of the following conveyance violate the R.A.P. ... – PowerPoint PPT presentation

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Title: Study Question 151


1
Study Question 15-1
  • Does any part of the following conveyance violate
    the Rule Against Perpetuities?
  • O to A for ten years, then to the first of As
    children to join a law enforcement agency. At
    present, A has no children.
  • Not if the jurisdiction applies destructibility
    of contingent remainders. Otherwise, the
    remainder violates the Rule.

2
Study Question 15-2
  • Does any part of the following conveyance violate
    the Rule Against Perpetuities?
  • O to A, but if the land is ever not farmed, then
    to Habitat For Humanity.
  • Habitats interest violates the Rule.

3
Study Question 15-3
  • Does any part of the following conveyance violate
    the Rule Against Perpetuities?
  • O to Food For the World, but if the land is ever
    not farmed, then to Habitat For Humanity.
  • Habitats interest is valid because of the
    charitable exemption to the Rule.

4
Study Question 15-4
  • Does any part of the following conveyance violate
    the Rule Against Perpetuities?
  • O to A for life, then to Bs 1st grandchild.
    At present, B has 2 children and no
    grandchildren.
  • Not if the jurisdiction applies destructibility
    of contingent remainders. Otherwise, the
    remainder violates the Rule.

5
Study Question 15-5
  • Does any part of the following conveyance violate
    the R.A.P.?
  • O to A for life, then to the 1st of As children
    to graduate from law school, but if no child has
    graduated from law school within 21 years of the
    death of B, then to C. A has 1 child, B, who is
    12.
  • Valid because of the saving clause.

6
Study Question 15-6
  • Apply the U.S.R.A.P. Which vulnerable interests
    are valid? When do we know?
  • O to A for life, then to As 1st child to reach
    30. A has 2 children B (25) C (28). C
    dies 6 months later. B lives 10 more years.
  • The interest of As 1st child to reach 30 becomes
    valid when B turns 30.

7
Study Question 15-7
  • Apply the U.S.R.A.P. Which vulnerable interests
    are valid? When do we know?
  • O to A for life, then to As 1st child to reach
    30. A has 2 children B (25) C (28). Both
    B C die 6 months later. One year after B C
    die, A has another child, D. A dies 1 year after
    D is born. D lives to be 40.
  • The interest of As 1st child to reach 30 becomes
    valid when D turns 30.

8
Study Question 15-8
  • Apply the U.S.R.A.P. Which vulnerable interests
    are valid? When do we know?
  • O to A for life, then to As grandchildren. A
    has 2 children, ages 5 10, and no
    grandchildren. 20 years pass. Then A has 3
    grandchildren within the next 5 years. When As
    children are 50 55, A dies. 10 years later,
    the oldest of As children dies. 5 years after
    that, the youngest dies.
  • The interest of As grandchildren becomes valid
    when As last surviving child dies.
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