Abstract

http://ssrn.com/abstract=2204678
 
 

Footnotes (62)



 


 



Who Killed the Rule Against Perpetuities?


Grayson M. P. McCouch


University of Florida Levin College of Law

January 18, 2013

Pepperdine Law Review, Vol. 40, No. 5, 2013
San Diego Legal Studies Paper No. 13-106

Abstract:     
This article examines the relationship between the federal wealth transfer taxes and the rule against perpetuities. The decline of the RAP is often attributed primarily to the GST tax amendments enacted in 1986. However, while perpetual trusts were available long before 1986, their estate tax avoidance possibilities were not widely used. Even after 1986, simple repeal of the RAP leaves perpetual trusts exposed to potential estate taxation. In addition, settlors should consider non-tax considerations in assessing the attractions of perpetual trusts.

Number of Pages in PDF File: 21

Keywords: Estate Tax, Generation Skipping, Perpetuities, Dynasty Trusts, Perpetual Trusts

JEL Classification: K34

Accepted Paper Series


Download This Paper

Date posted: January 22, 2013  

Suggested Citation

McCouch, Grayson M. P., Who Killed the Rule Against Perpetuities? (January 18, 2013). Pepperdine Law Review, Vol. 40, No. 5, 2013; San Diego Legal Studies Paper No. 13-106. Available at SSRN: http://ssrn.com/abstract=2204678

Contact Information

Grayson M. P. McCouch (Contact Author)
University of Florida Levin College of Law ( email )
P.O. Box 117625
Gainesville, FL 32611-7625
United States
Feedback to SSRN


Paper statistics
Abstract Views: 546
Downloads: 146
Download Rank: 115,954
Footnotes:  62

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo4 in 0.250 seconds