rule against perpetuities

Legal Definition of rule against perpetuities

: a common-law rule stating that in order for a future interest to be good it must vest after its creation (as at the death of a testator) within a life in being or lives in being plus 21 years plus the period of gestation of any beneficiary conceived but not yet born — compare life in being, statutory rule against perpetuities, wait and see

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“Rule against perpetuities.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/rule%20against%20perpetuities. Accessed 25 Sep. 2020.

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