The Rule Against Perpetuities: Test Your Might!
Apply
the Rule Against Perpetuities to each of the following hypothetical future
interests:
1. To
A and his heirs so long as the property is used for church purposes then to B
and her heirs.
2. To
A and his heirs on the condition that the property is used for church purposes
and upon breach of such condition to B and her heirs.
3. To
A for life then to the first child of A who graduates from law school. Assume A
is alive and that no child of A has yet graduated from law school. Does it
matter if the relevant state has abolished the Doctrine of Destructibility of
Contingent Remainders?
4. To
A for life then to the first child of A who reaches age 25. Assume A is alive
and that no child of A has yet attained the age of 25. At the time of the conveyance A has 2 children: Bob who is 15 and Sally who is 13.
5. On January 1, 2024, Grutz conveys to
A for life then to such of A’s descendants who are alive on January 1, 2050. Suppose the date was January 1, 2043?