PERPETUITIES-EXERCISE OF GENERAL TESTAMENTARY POWER OF APPOINTMENT CREATING PERPETUITY-EFFECT ON PRIOR GIFT OF FAILURE OF GIFT OVER

Authors

Abstract

A, by a will which created a trust of realty and personalty, gave B a life interest with a general power to appoint by will. B exercised this power in her will, appointing to her children for life with other remainders to B's grandchildren. Held, remainder to the grandchildren is void for remoteness, since the period allowed by the rule against perpetuities is calculated as though B's appointment were incorporated in A's will. Interests of B's children are uneffected by the failure of the gift to the grandchildren. Equitable Trust Co. v. Snader (Del. Ch. 1930) 151 Atl. 712.

Recommended Citation

PERPETUITIES-EXERCISE OF GENERAL TESTAMENTARY POWER OF APPOINTMENT CREATING PERPETUITY-EFFECT ON PRIOR GIFT OF FAILURE OF GIFT OVER, 29 Mich. L. Rev. 941 (1931).
Available at: https://repository.law.umich.edu/mlr/vol29/iss7/30