The American Law Institute Proposes a New Approach to Perpetuities: Limiting the Dead Hand to Two Younger Generations
Lawrence W. Waggoner
University of Michigan Law School
June 1, 2010
University of Michigan Public Law Working Paper No. 200
This short essay reports on a new approach to perpetuities that was proposed by the American Law Institute in the Restatement (Third) of Property: Wills and Other Donative Transfers (Tent. Draft No. 6, Approved 2010). The Restatement Third proposes to limit dead-hand control to two younger generations.
Number of Pages in PDF File: 12
Keywords: American Law Institute, Dead-Hand Control, Perpetuities, Donative Transfers
JEL Classification: K10
Date posted: May 24, 2010 ; Last revised: July 13, 2010
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