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
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: Suggested Citation