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

12 Pages Posted: 24 May 2010 Last revised: 13 Jul 2010

Date Written: June 1, 2010

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.

Keywords: American Law Institute, Dead-Hand Control, Perpetuities, Donative Transfers

JEL Classification: K10

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: https://ssrn.com/abstract=1614936 or http://dx.doi.org/10.2139/ssrn.1614936

Lawrence W. Waggoner (Contact Author)

University of Michigan Law School ( email )

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

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