Solved

Landon,an 80-Year-Old,writes a Trust That States That His Property Is

Question 91

Multiple Choice

Landon,an 80-year-old,writes a trust that states that his property is to go to his "great-great-great grandchild" upon his death.At the time of creating the trust,his only child is one year old.In this scenario,which of the following statements is true about the validity of the trust?


A) The trust is valid, but the property must wait until the great-great-great grandchild is born to be transferred.
B) The trust is invalid due to the rule against eventualities.
C) The trust is valid due to the rule of progression.
D) The trust is invalid due to the rule against perpetuities.
E) The trust is valid, but the property must wait until Landon's child dies to be transferred.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions