Quote:
Originally Posted by Parkway
I just took a property final so all of these TBD start and end dates bring this to mind, "no interest is good unless it must vest, if all, not later than twenty-one years after some life in being at the creation of the interest."
Basically if you can't give me a solid timeline I'm not going to put much stock in your perpetual proposal.
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Bringing up the rule against perpetuities 21 years after i graduated from law school is cruel and unusual punishment.