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Estate Planning

: Wills, Trusts & Estates Prof Blog

Obama's Budget Proposal Would Limit Dynasty Trusts

By Trusts EstatesProf

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Twenty three states and the District of Columbia realized that they could make money if they did away with the rule against perpetuities, a common-law principle that limits the life of trusts to approximately 90 years. By placing assets in...

Full post as published by Wills, Trusts & Estates Prof Blog on March 07, 2011 (boomark / email).

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