To prevent the accumulation of property in perpetuity

To ensure the equitable distribution of property among heirs

To protect the rights of future generations

To simplify the administration of trusts

21 years after the death of the settlor

The lifetime of the settlor plus 21 years

90 years after the creation of the trust

The lifetime of the settlor's grandchildren

The Rule of Convenience

The Cy-près Doctrine

The Doctrine of Worthier Title

The Rule of Capture

The entire trust is void

Only the offending provision is void

The trust is accelerated and terminates immediately

The trust is reformed to comply with the rule

To allow courts to determine if a future interest will vest within the permissible period

To give trustees more time to administer the trust

To avoid the need for immediate litigation

To protect the rights of unborn beneficiaries

A vested remainder is certain to vest, while a contingent remainder may or may not vest

A vested remainder is subject to divestment, while a contingent remainder is not

A vested remainder is created by a present transfer, while a contingent remainder is created by a future transfer

A vested remainder is alienable, while a contingent remainder is not

A rule that states that a trust cannot last longer than the lifetime of the settlor

A rule that states that a trust cannot last longer than the lifetime of the beneficiaries

A rule that states that a trust cannot last longer than the permissible period under the Rule Against Perpetuities

A rule that states that a trust cannot last longer than the duration specified in the trust instrument

To limit the duration of interests in property

To ensure the equitable distribution of property among heirs

To protect the rights of future generations

To simplify the administration of trusts

A general power of appointment allows the holder to appoint the property to anyone, while a special power of appointment limits the holder to appointing the property to a specific group of people

A general power of appointment is created by statute, while a special power of appointment is created by the settlor of the trust

A general power of appointment is subject to the Rule Against Perpetuities, while a special power of appointment is not

A general power of appointment can be exercised by the holder during their lifetime, while a special power of appointment can only be exercised after the holder's death

A rule that states that courts should construe trusts in a way that favors vesting of interests

A rule that states that courts should construe trusts in a way that favors the settlor's intent

A rule that states that courts should construe trusts in a way that favors the beneficiaries

A rule that states that courts should construe trusts in a way that favors the trustee

To prevent the trust from violating the Rule Against Perpetuities

To protect the rights of future beneficiaries

To simplify the administration of the trust

To give the trustee more discretion in managing the trust

A reversionary interest is an interest that remains in the settlor after the creation of the trust, while a remainder interest is an interest that is created in a third party

A reversionary interest is subject to the Rule Against Perpetuities, while a remainder interest is not

A reversionary interest is vested, while a remainder interest is contingent

A reversionary interest can be sold or transferred, while a remainder interest cannot

A rule that states that a trust cannot last longer than 21 years after the death of the settlor

A rule that states that a trust cannot last longer than 21 years after the creation of the trust

A rule that states that a trust cannot last longer than 21 years after the death of the last beneficiary

A rule that states that a trust cannot last longer than 21 years after the termination of the trust

To allow courts to determine if a future interest will vest within the permissible period

To give trustees more time to administer the trust

To avoid the need for immediate litigation

To protect the rights of unborn beneficiaries