rule against perpetuities
Definition
A rule stating that a trust cannot be considered valid unless the beneficiaries get vested in the trust property in the next 21 years.
Recommended Articles from InvestorGuide.com
Related Videos
Featured Advertiser
Nearby Terms
- Rule 19c3
- rule 2790
- Rule 405
- Rule 415
- rule 72(t)
- rule against per...
- rule of 18
- Rule of 72
- Rule of 78
- rule of five
- rulebook
