The American Law Institute Proposes a New Approach to Perpetuities: Limiting the Dead Hand to Two Younger Generations

Waggoner, Lawrence W.

doi:10.2139/ssrn.1614936

Abstract

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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

Abstract:
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

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Date posted: May 24, 2010 ; Last revised: July 13, 2010

Suggested Citation

Waggoner, Lawrence W., The American Law Institute Proposes a New Approach to Perpetuities: Limiting the Dead Hand to Two Younger Generations (June 1, 2010). University of Michigan Public Law Working Paper No. 200. Available at SSRN: http://ssrn.com/abstract=1614936 or http://dx.doi.org/10.2139/ssrn.1614936

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Lawrence W. Waggoner (Contact Author)

University of Michigan Law School ( email )

625 South State Street
Ann Arbor, MI 48109-1215
United States