ziero0
24th October 2021, 05:20 AM
https://en.wikipedia.org/wiki/Rule_against_perpetuities
Black's Law Dictionary defines the rule against perpetuities as "[t]he common-law rule prohibiting a grant of an estate unless the interest must vest, if at all, no later than 21 years (plus a period of gestation to cover a posthumous birth) after the death of some person alive when the interest was created."[10]
At common law, the length of time was fixed at 21 years after the death of an identifiable person alive at the time the interest was created. This is often expressed as "lives in being plus twenty-one years." Under the common-law rule, one does not look to whether an interest actually will vest more than 21 years after the lives in being. Instead, if there exists any possibility at the time of the grant, however unlikely or remote, that an interest will vest outside of the perpetuities period, the interest is void and is stricken from the grant.
So these days if a grantor lives 78 years add 21 years to that (plus gestation of course) and you are at 99 years. *
Legal fictions are not exempt from this rule. *The ONLY exemptions with regards to the existence of a legal fiction beyond 99 years is charitable trusts or if the creating principal is still alive
Legal fictions are
The United States
The several States
Traitor Joe
Every county, city, village or township
The chief magistrate(s)
The governor(s)
England
The queen
China
Russia
The United Nations
The entity created through the birth certificate
A passport holder
The entity created through the driver's license
The sheriff
His deputies
The judge
His court
All agents
All/Every administrative agency
An illegal alien
An alien
Charlton Heston
Ahh_smoors
All nom de plume's
All nom de Guerres
Superman
Batman
Wonder Woman
Spiderman
COVID
The Universe
If I missed any feel free to submit your candidate. *
* (You may even want to include yourself)
Black's Law Dictionary defines the rule against perpetuities as "[t]he common-law rule prohibiting a grant of an estate unless the interest must vest, if at all, no later than 21 years (plus a period of gestation to cover a posthumous birth) after the death of some person alive when the interest was created."[10]
At common law, the length of time was fixed at 21 years after the death of an identifiable person alive at the time the interest was created. This is often expressed as "lives in being plus twenty-one years." Under the common-law rule, one does not look to whether an interest actually will vest more than 21 years after the lives in being. Instead, if there exists any possibility at the time of the grant, however unlikely or remote, that an interest will vest outside of the perpetuities period, the interest is void and is stricken from the grant.
So these days if a grantor lives 78 years add 21 years to that (plus gestation of course) and you are at 99 years. *
Legal fictions are not exempt from this rule. *The ONLY exemptions with regards to the existence of a legal fiction beyond 99 years is charitable trusts or if the creating principal is still alive
Legal fictions are
The United States
The several States
Traitor Joe
Every county, city, village or township
The chief magistrate(s)
The governor(s)
England
The queen
China
Russia
The United Nations
The entity created through the birth certificate
A passport holder
The entity created through the driver's license
The sheriff
His deputies
The judge
His court
All agents
All/Every administrative agency
An illegal alien
An alien
Charlton Heston
Ahh_smoors
All nom de plume's
All nom de Guerres
Superman
Batman
Wonder Woman
Spiderman
COVID
The Universe
If I missed any feel free to submit your candidate. *
* (You may even want to include yourself)