Wednesday 7 April 2010

hour three
prop law duff 4-7-10

serial marriages
children complicating property scene

life estate pour autre vie
for life of another

contingent remainder
based on alive when die.
vested remainder
contingency when

actuarials which determine life expectancy

rule against perpetuities
it doesnt apply to charities

must vest within 21 years

to prevent a penny today not much
so leave to heirs a gajillion yrs fm now it will gain interest

doesnt apply to charities


can leave schoarships in perpetuity
interest used for scholarships

future interest on a life estate

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