If a settlor left money in trust for the settlor's children and then for the lives of the settlor's grandchildren, the rule against perpetuities would be violated.

Question

Quizplus · Accepted Answer

The rule against perpetuities states that a trust cannot last for an indefinite period of time. In this case, the trust is set to last for the lives of the settlor's grandchildren, which could theoretically go on forever if the grandchildren continue to have children. Therefore, the trust violates the rule against perpetuities.

If a Settlor Left Money in Trust for the Settlor's