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The mission of "Land Trust" supposedly is to keep land undeveloped forever. While a noble goal, is that a violation against perpetuity?
this sounds like a Conservation Easement, which are allowed by Statutes
It is 2020, I am about to die of cancer. I have 2 kids, 3 and 1 year old. Can I do a trust to distribute my assets in 2040 but divide it evenly among my sons plus all their children at that time?
Does RAP only apply to land (something permanent and indestructible)? Can it apply to, say, one million dollars, or a cow, or a diamond ring?
The mission of "Land Trust" supposedly is to keep land undeveloped forever. While a noble goal, is that a violation against perpetuity?
this sounds like a Conservation Easement, which are allowed by Statutes
It is 2020, I am about to die of cancer. I have 2 kids, 3 and 1 year old. Can I do a trust to distribute my assets in 2040 but divide it evenly among my sons plus all their children at that time?
Does RAP only apply to land (something permanent and indestructible)? Can it apply to, say, one million dollars, or a cow, or a diamond ring?