A rule providing that every interest in property is void unless it must vest, if at all, not later than 21 years after some life in being at the time of its creation is called the
A) doctrine of cy pres.
B) doctrine of public trusts.
C) rule against perpetuities.
D) rule against charitable remainders.
Correct Answer:
Verified
Q20: In a charitable trust, the actual beneficiaries
Q21: Assume a married couple's total assets are
Q22: A trust in which a fixed percentage
Q23: The spendthrift provision is built into
A) a
Q24: When money or property is left in
Q26: Which of the following is NOT a
Q27: This type of trust is similar to
Q28: Under the federal estate tax laws, property
Q29: To save federal estate taxes, a trust
Q30: Which of the following statements about charitable
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents