Perpetuities law in action :: Kentucky case law and the 1960 Reform Act /
Few rules of law can so quickly strike terror into the hearts of lawyers as the Rule against Perpetuities. This rule, two centuries in development, is designed to prevent tying up property for too long a time. It can be stated in one sentence, but the great nineteenth-century master of the Rule, Joh...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Lexington :
The University Press of Kentucky,
[2015]
|
| Schriftenreihe: | University of Kentucky study.
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Few rules of law can so quickly strike terror into the hearts of lawyers as the Rule against Perpetuities. This rule, two centuries in development, is designed to prevent tying up property for too long a time. It can be stated in one sentence, but the great nineteenth-century master of the Rule, John Chipman Gray, required more than 400 scrupulously detailed pages to explain it. For deceptive subtleties and unexpected traps it has no equal. This book views the Rule in the microcosm of Kentucky cases. It shows that perpetuities law in action differs from perpetuities law in the books. It is more. |
| Beschreibung: | 3. Restraints on a Legal Fee in Possession: The Doctrine of Reasonable Restraints. |
| Beschreibung: | 1 online resource (181 pages) |
| ISBN: | 9780813162676 081316267X 1322600589 9781322600581 0813151996 9780813151991 |
Internformat
MARC
| LEADER | 00000cam a2200000 a 4500 | ||
|---|---|---|---|
| 001 | ZDB-4-EBA-ocn900345003 | ||
| 003 | OCoLC | ||
| 005 | 20241004212047.0 | ||
| 006 | m o d | ||
| 007 | cr cnu---unuuu | ||
| 008 | 150117s2015 kyu o 000 0 eng d | ||
| 040 | |a EBLCP |b eng |e pn |c EBLCP |d N$T |d OCLCQ |d N$T |d JSTOR |d DEBSZ |d OCLCQ |d IDB |d AGLDB |d ICA |d ZCU |d XFH |d MERUC |d OCLCQ |d IOG |d EZ9 |d D6H |d OCLCF |d VTS |d OCLCA |d ICG |d AU@ |d OCLCQ |d LVT |d STF |d DKC |d OCLCQ |d AJS |d OCLCO |d OCLCQ |d OCLCO |d OCLCL |d UEJ |d OCLCO |d OCLCQ | ||
| 019 | |a 994509197 | ||
| 020 | |a 9780813162676 |q (electronic bk.) | ||
| 020 | |a 081316267X |q (electronic bk.) | ||
| 020 | |a 1322600589 | ||
| 020 | |a 9781322600581 | ||
| 020 | |a 0813151996 | ||
| 020 | |a 9780813151991 | ||
| 035 | |a (OCoLC)900345003 |z (OCoLC)994509197 | ||
| 037 | |a 22573/ctt129d8b5 |b JSTOR | ||
| 043 | |a n-us-ky | ||
| 050 | 4 | |a KFK1319 .D8 | |
| 072 | 7 | |a LAW |x 012000 |2 bisacsh | |
| 072 | 7 | |a LAW |x 062000 |2 bisacsh | |
| 072 | 7 | |a POL |x 040030 |2 bisacsh | |
| 072 | 7 | |a LAW103000 |2 bisacsh | |
| 072 | 7 | |a HIS036010 |2 bisacsh | |
| 082 | 7 | |a 347 |2 23 | |
| 049 | |a MAIN | ||
| 100 | 1 | |a Dukeminier, Jesse. |1 https://id.oclc.org/worldcat/entity/E39PBJdMdfpmhF8KWJHMJC8Qv3 |0 http://id.loc.gov/authorities/names/n79065222 | |
| 245 | 1 | 0 | |a Perpetuities law in action : |b Kentucky case law and the 1960 Reform Act / |c by Jesse Dukeminier, Jr. |
| 260 | |a Lexington : |b The University Press of Kentucky, |c [2015] | ||
| 300 | |a 1 online resource (181 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a A University of Kentucky study | |
| 588 | 0 | |a Print version record. | |
| 505 | 0 | |a Cover; Title; Copyright; FOREWORD; Contents; INTRODUCTION; 1. WHAT THE RULE AGAINST PERPETUITIES IS IN KENTUCKY; 1. What the Common Law Rule against Perpetuities Is; A. Lives in being; B. The remote possibilities test; 2. The Meaning of ""Vest"": Myth and Reality; A. Vest in possession; B. Indefeasibly vest in interest; C. Vest in interest with possession postponed; D. Vest in interest subject to open (or subject to partial divestment); E. Vest in interest subject to total divestment; 2. APPLICATION OF THE RULE AGAINST PERPETUITIES TO VARIOUS INTERESTS; 1. Gifts to Classes. | |
| 505 | 8 | |a 2. Powers of Appointment3. Options; 4. Gifts to Charity; 5. Trusts for Employees; 6. Trusts for Accumulation; 7. Consequences of Violating the Rule; A. Preceding estates stand; invalid interest passes by intestacy; B. Preceding estates stand; invalid interest passes to the last person(s) entitled to the income; C. Infectious invalidity; preceding valid estates fall with invalid remainder; D. Reform of invalid interest by cy pres; 3. THE TROUBLES CAUSED BY THE STATUTE PROHIBITING SUSPENSION OF THE POWER OF ALIENATION. | |
| 505 | 8 | |a 1. The Meaning of KRS 381.220, Prohibiting Suspension of the Power of Alienation (Applicable to Transfers That Took Effect prior to July 1, 1960)2. Is There a Rule Limiting the Duration of Trusts?; 4. REFORMS OF THE 1960 PERPETUITIES ACT; 1. Why Reform?; A. The Rule against Perpetuities is essentially incomprehensible; B. The statutory language in KRS 381.220 prohibiting suspension of the power of alienation confused both bench and bar; C. The remote possibilities test, in about three-quarters of the cases, deprived beneficiaries of gifts which in fact would have vested in due time. | |
| 505 | 8 | |a We concluded this was unfair and unjustifiable in policyD. The consequences of violating the Rule were harsh and unsettled; E. Confusion surrounds the meaning of vest -- 2. Adoption of the Common Law Rule against Perpetuities; 3. The Wait-and-See Doctrine and Cy Pres; A. The wait-and-see doctrine; B. Reformation by cy pres; 4. Illustrations of How KRS 381.216 Applies; 5. Drafting to Avoid Perpetuities Problems; 5. ABOLITION OF POSSIBILITIES OF REVERTER AND TERMINATION OF RIGHTS OF ENTRY; 1. The Purpose of the Statute. | |
| 505 | 8 | |a 2. Good Riddance: The Determinable Fee and Possibility of Reverter Abolished3. Termination of Rights of Entry after Thirty Years; 4. Termination and Preservation of Possibilities of Reverter and Rights of Entry Created prior to July 1, 1960; 5. Exceptions to the Thirty-Year Termination Rule; 6. THE RULE AGAINST DIRECT RESTRAINTS ON ALIENATION; 1. The Rule against Restraints Distinguished from the Rule against Perpetuities and the Rule against Suspension of the Power of Alienation; 2. Restraints on Legal Life Estates and Remainders. | |
| 500 | |a 3. Restraints on a Legal Fee in Possession: The Doctrine of Reasonable Restraints. | ||
| 520 | |a Few rules of law can so quickly strike terror into the hearts of lawyers as the Rule against Perpetuities. This rule, two centuries in development, is designed to prevent tying up property for too long a time. It can be stated in one sentence, but the great nineteenth-century master of the Rule, John Chipman Gray, required more than 400 scrupulously detailed pages to explain it. For deceptive subtleties and unexpected traps it has no equal. This book views the Rule in the microcosm of Kentucky cases. It shows that perpetuities law in action differs from perpetuities law in the books. It is more. | ||
| 546 | |a English. | ||
| 650 | 0 | |a Perpetuities |x Law and legislation |z Kentucky. | |
| 650 | 0 | |a Perpetuities |z Kentucky. | |
| 650 | 0 | |a Professions |x Law and legislation |z Kentucky. | |
| 650 | 6 | |a Perpétuités |z Kentucky. | |
| 650 | 7 | |a LAW |x Civil Procedure. |2 bisacsh | |
| 650 | 7 | |a LAW |x Legal Services. |2 bisacsh | |
| 650 | 7 | |a POLITICAL SCIENCE |x Government |x Judicial Branch. |2 bisacsh | |
| 650 | 7 | |a LAW |x Common. |2 bisacsh | |
| 650 | 7 | |a Perpetuities |2 fast | |
| 650 | 7 | |a Professions |x Law and legislation |2 fast | |
| 651 | 7 | |a Kentucky |2 fast |1 https://id.oclc.org/worldcat/entity/E39PBJm4Vwb8tpDYbtGkhKP84q | |
| 758 | |i has work: |a Perpetuities law in action (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGc8YDDK3mXd6V7bH3FvgX |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Dukeminier, Jesse Jr. |t Perpetuities Law in Action : Kentucky Case Law and the 1960 Reform Act. |d Lexington : The University Press of Kentucky, ©2015 |z 9780813151991 |
| 830 | 0 | |a University of Kentucky study. | |
| 856 | 4 | 0 | |l FWS01 |p ZDB-4-EBA |q FWS_PDA_EBA |u https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=938554 |3 Volltext |
| 938 | |a EBL - Ebook Library |b EBLB |n EBL1915615 | ||
| 938 | |a EBSCOhost |b EBSC |n 938554 | ||
| 994 | |a 92 |b GEBAY | ||
| 912 | |a ZDB-4-EBA | ||
| 049 | |a DE-863 | ||
Datensatz im Suchindex
| DE-BY-FWS_katkey | ZDB-4-EBA-ocn900345003 |
|---|---|
| _version_ | 1816882300615393280 |
| adam_text | |
| any_adam_object | |
| author | Dukeminier, Jesse |
| author_GND | http://id.loc.gov/authorities/names/n79065222 |
| author_facet | Dukeminier, Jesse |
| author_role | |
| author_sort | Dukeminier, Jesse |
| author_variant | j d jd |
| building | Verbundindex |
| bvnumber | localFWS |
| callnumber-first | K - Law |
| callnumber-label | KFK1319 |
| callnumber-raw | KFK1319 .D8 |
| callnumber-search | KFK1319 .D8 |
| callnumber-sort | KFK 41319 D8 |
| collection | ZDB-4-EBA |
| contents | Cover; Title; Copyright; FOREWORD; Contents; INTRODUCTION; 1. WHAT THE RULE AGAINST PERPETUITIES IS IN KENTUCKY; 1. What the Common Law Rule against Perpetuities Is; A. Lives in being; B. The remote possibilities test; 2. The Meaning of ""Vest"": Myth and Reality; A. Vest in possession; B. Indefeasibly vest in interest; C. Vest in interest with possession postponed; D. Vest in interest subject to open (or subject to partial divestment); E. Vest in interest subject to total divestment; 2. APPLICATION OF THE RULE AGAINST PERPETUITIES TO VARIOUS INTERESTS; 1. Gifts to Classes. 2. Powers of Appointment3. Options; 4. Gifts to Charity; 5. Trusts for Employees; 6. Trusts for Accumulation; 7. Consequences of Violating the Rule; A. Preceding estates stand; invalid interest passes by intestacy; B. Preceding estates stand; invalid interest passes to the last person(s) entitled to the income; C. Infectious invalidity; preceding valid estates fall with invalid remainder; D. Reform of invalid interest by cy pres; 3. THE TROUBLES CAUSED BY THE STATUTE PROHIBITING SUSPENSION OF THE POWER OF ALIENATION. 1. The Meaning of KRS 381.220, Prohibiting Suspension of the Power of Alienation (Applicable to Transfers That Took Effect prior to July 1, 1960)2. Is There a Rule Limiting the Duration of Trusts?; 4. REFORMS OF THE 1960 PERPETUITIES ACT; 1. Why Reform?; A. The Rule against Perpetuities is essentially incomprehensible; B. The statutory language in KRS 381.220 prohibiting suspension of the power of alienation confused both bench and bar; C. The remote possibilities test, in about three-quarters of the cases, deprived beneficiaries of gifts which in fact would have vested in due time. We concluded this was unfair and unjustifiable in policyD. The consequences of violating the Rule were harsh and unsettled; E. Confusion surrounds the meaning of vest -- 2. Adoption of the Common Law Rule against Perpetuities; 3. The Wait-and-See Doctrine and Cy Pres; A. The wait-and-see doctrine; B. Reformation by cy pres; 4. Illustrations of How KRS 381.216 Applies; 5. Drafting to Avoid Perpetuities Problems; 5. ABOLITION OF POSSIBILITIES OF REVERTER AND TERMINATION OF RIGHTS OF ENTRY; 1. The Purpose of the Statute. 2. Good Riddance: The Determinable Fee and Possibility of Reverter Abolished3. Termination of Rights of Entry after Thirty Years; 4. Termination and Preservation of Possibilities of Reverter and Rights of Entry Created prior to July 1, 1960; 5. Exceptions to the Thirty-Year Termination Rule; 6. THE RULE AGAINST DIRECT RESTRAINTS ON ALIENATION; 1. The Rule against Restraints Distinguished from the Rule against Perpetuities and the Rule against Suspension of the Power of Alienation; 2. Restraints on Legal Life Estates and Remainders. |
| ctrlnum | (OCoLC)900345003 |
| dewey-full | 347 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 347 - Procedure and courts |
| dewey-raw | 347 |
| dewey-search | 347 |
| dewey-sort | 3347 |
| dewey-tens | 340 - Law |
| discipline | Rechtswissenschaft |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>06445cam a2200745 a 4500</leader><controlfield tag="001">ZDB-4-EBA-ocn900345003</controlfield><controlfield tag="003">OCoLC</controlfield><controlfield tag="005">20241004212047.0</controlfield><controlfield tag="006">m o d </controlfield><controlfield tag="007">cr cnu---unuuu</controlfield><controlfield tag="008">150117s2015 kyu o 000 0 eng d</controlfield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">EBLCP</subfield><subfield code="b">eng</subfield><subfield code="e">pn</subfield><subfield code="c">EBLCP</subfield><subfield code="d">N$T</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">N$T</subfield><subfield code="d">JSTOR</subfield><subfield code="d">DEBSZ</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">IDB</subfield><subfield code="d">AGLDB</subfield><subfield code="d">ICA</subfield><subfield code="d">ZCU</subfield><subfield code="d">XFH</subfield><subfield code="d">MERUC</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">IOG</subfield><subfield code="d">EZ9</subfield><subfield code="d">D6H</subfield><subfield code="d">OCLCF</subfield><subfield code="d">VTS</subfield><subfield code="d">OCLCA</subfield><subfield code="d">ICG</subfield><subfield code="d">AU@</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">LVT</subfield><subfield code="d">STF</subfield><subfield code="d">DKC</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">AJS</subfield><subfield code="d">OCLCO</subfield><subfield code="d">OCLCQ</subfield><subfield code="d">OCLCO</subfield><subfield code="d">OCLCL</subfield><subfield code="d">UEJ</subfield><subfield code="d">OCLCO</subfield><subfield code="d">OCLCQ</subfield></datafield><datafield tag="019" ind1=" " ind2=" "><subfield code="a">994509197</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780813162676</subfield><subfield code="q">(electronic bk.)</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">081316267X</subfield><subfield code="q">(electronic bk.)</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">1322600589</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781322600581</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">0813151996</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780813151991</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)900345003</subfield><subfield code="z">(OCoLC)994509197</subfield></datafield><datafield tag="037" ind1=" " ind2=" "><subfield code="a">22573/ctt129d8b5</subfield><subfield code="b">JSTOR</subfield></datafield><datafield tag="043" ind1=" " ind2=" "><subfield code="a">n-us-ky</subfield></datafield><datafield tag="050" ind1=" " ind2="4"><subfield code="a">KFK1319 .D8</subfield></datafield><datafield tag="072" ind1=" " ind2="7"><subfield code="a">LAW</subfield><subfield code="x">012000</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="072" ind1=" " ind2="7"><subfield code="a">LAW</subfield><subfield code="x">062000</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="072" ind1=" " ind2="7"><subfield code="a">POL</subfield><subfield code="x">040030</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="072" ind1=" " ind2="7"><subfield code="a">LAW103000</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="072" ind1=" " ind2="7"><subfield code="a">HIS036010</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="082" ind1="7" ind2=" "><subfield code="a">347</subfield><subfield code="2">23</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">MAIN</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Dukeminier, Jesse.</subfield><subfield code="1">https://id.oclc.org/worldcat/entity/E39PBJdMdfpmhF8KWJHMJC8Qv3</subfield><subfield code="0">http://id.loc.gov/authorities/names/n79065222</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Perpetuities law in action :</subfield><subfield code="b">Kentucky case law and the 1960 Reform Act /</subfield><subfield code="c">by Jesse Dukeminier, Jr.</subfield></datafield><datafield tag="260" ind1=" " ind2=" "><subfield code="a">Lexington :</subfield><subfield code="b">The University Press of Kentucky,</subfield><subfield code="c">[2015]</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 online resource (181 pages)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">computer</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">online resource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="1" ind2=" "><subfield code="a">A University of Kentucky study</subfield></datafield><datafield tag="588" ind1="0" ind2=" "><subfield code="a">Print version record.</subfield></datafield><datafield tag="505" ind1="0" ind2=" "><subfield code="a">Cover; Title; Copyright; FOREWORD; Contents; INTRODUCTION; 1. WHAT THE RULE AGAINST PERPETUITIES IS IN KENTUCKY; 1. What the Common Law Rule against Perpetuities Is; A. Lives in being; B. The remote possibilities test; 2. The Meaning of ""Vest"": Myth and Reality; A. Vest in possession; B. Indefeasibly vest in interest; C. Vest in interest with possession postponed; D. Vest in interest subject to open (or subject to partial divestment); E. Vest in interest subject to total divestment; 2. APPLICATION OF THE RULE AGAINST PERPETUITIES TO VARIOUS INTERESTS; 1. Gifts to Classes.</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">2. Powers of Appointment3. Options; 4. Gifts to Charity; 5. Trusts for Employees; 6. Trusts for Accumulation; 7. Consequences of Violating the Rule; A. Preceding estates stand; invalid interest passes by intestacy; B. Preceding estates stand; invalid interest passes to the last person(s) entitled to the income; C. Infectious invalidity; preceding valid estates fall with invalid remainder; D. Reform of invalid interest by cy pres; 3. THE TROUBLES CAUSED BY THE STATUTE PROHIBITING SUSPENSION OF THE POWER OF ALIENATION.</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">1. The Meaning of KRS 381.220, Prohibiting Suspension of the Power of Alienation (Applicable to Transfers That Took Effect prior to July 1, 1960)2. Is There a Rule Limiting the Duration of Trusts?; 4. REFORMS OF THE 1960 PERPETUITIES ACT; 1. Why Reform?; A. The Rule against Perpetuities is essentially incomprehensible; B. The statutory language in KRS 381.220 prohibiting suspension of the power of alienation confused both bench and bar; C. The remote possibilities test, in about three-quarters of the cases, deprived beneficiaries of gifts which in fact would have vested in due time.</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">We concluded this was unfair and unjustifiable in policyD. The consequences of violating the Rule were harsh and unsettled; E. Confusion surrounds the meaning of vest -- 2. Adoption of the Common Law Rule against Perpetuities; 3. The Wait-and-See Doctrine and Cy Pres; A. The wait-and-see doctrine; B. Reformation by cy pres; 4. Illustrations of How KRS 381.216 Applies; 5. Drafting to Avoid Perpetuities Problems; 5. ABOLITION OF POSSIBILITIES OF REVERTER AND TERMINATION OF RIGHTS OF ENTRY; 1. The Purpose of the Statute.</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">2. Good Riddance: The Determinable Fee and Possibility of Reverter Abolished3. Termination of Rights of Entry after Thirty Years; 4. Termination and Preservation of Possibilities of Reverter and Rights of Entry Created prior to July 1, 1960; 5. Exceptions to the Thirty-Year Termination Rule; 6. THE RULE AGAINST DIRECT RESTRAINTS ON ALIENATION; 1. The Rule against Restraints Distinguished from the Rule against Perpetuities and the Rule against Suspension of the Power of Alienation; 2. Restraints on Legal Life Estates and Remainders.</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">3. Restraints on a Legal Fee in Possession: The Doctrine of Reasonable Restraints.</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Few rules of law can so quickly strike terror into the hearts of lawyers as the Rule against Perpetuities. This rule, two centuries in development, is designed to prevent tying up property for too long a time. It can be stated in one sentence, but the great nineteenth-century master of the Rule, John Chipman Gray, required more than 400 scrupulously detailed pages to explain it. For deceptive subtleties and unexpected traps it has no equal. This book views the Rule in the microcosm of Kentucky cases. It shows that perpetuities law in action differs from perpetuities law in the books. It is more.</subfield></datafield><datafield tag="546" ind1=" " ind2=" "><subfield code="a">English.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Perpetuities</subfield><subfield code="x">Law and legislation</subfield><subfield code="z">Kentucky.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Perpetuities</subfield><subfield code="z">Kentucky.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Professions</subfield><subfield code="x">Law and legislation</subfield><subfield code="z">Kentucky.</subfield></datafield><datafield tag="650" ind1=" " ind2="6"><subfield code="a">Perpétuités</subfield><subfield code="z">Kentucky.</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">LAW</subfield><subfield code="x">Civil Procedure.</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">LAW</subfield><subfield code="x">Legal Services.</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">POLITICAL SCIENCE</subfield><subfield code="x">Government</subfield><subfield code="x">Judicial Branch.</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">LAW</subfield><subfield code="x">Common.</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Perpetuities</subfield><subfield code="2">fast</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Professions</subfield><subfield code="x">Law and legislation</subfield><subfield code="2">fast</subfield></datafield><datafield tag="651" ind1=" " ind2="7"><subfield code="a">Kentucky</subfield><subfield code="2">fast</subfield><subfield code="1">https://id.oclc.org/worldcat/entity/E39PBJm4Vwb8tpDYbtGkhKP84q</subfield></datafield><datafield tag="758" ind1=" " ind2=" "><subfield code="i">has work:</subfield><subfield code="a">Perpetuities law in action (Text)</subfield><subfield code="1">https://id.oclc.org/worldcat/entity/E39PCGc8YDDK3mXd6V7bH3FvgX</subfield><subfield code="4">https://id.oclc.org/worldcat/ontology/hasWork</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Print version:</subfield><subfield code="a">Dukeminier, Jesse Jr.</subfield><subfield code="t">Perpetuities Law in Action : Kentucky Case Law and the 1960 Reform Act.</subfield><subfield code="d">Lexington : The University Press of Kentucky, ©2015</subfield><subfield code="z">9780813151991</subfield></datafield><datafield tag="830" ind1=" " ind2="0"><subfield code="a">University of Kentucky study.</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="l">FWS01</subfield><subfield code="p">ZDB-4-EBA</subfield><subfield code="q">FWS_PDA_EBA</subfield><subfield code="u">https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=938554</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">EBL - Ebook Library</subfield><subfield code="b">EBLB</subfield><subfield code="n">EBL1915615</subfield></datafield><datafield tag="938" ind1=" " ind2=" "><subfield code="a">EBSCOhost</subfield><subfield code="b">EBSC</subfield><subfield code="n">938554</subfield></datafield><datafield tag="994" ind1=" " ind2=" "><subfield code="a">92</subfield><subfield code="b">GEBAY</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-4-EBA</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-863</subfield></datafield></record></collection> |
| geographic | Kentucky fast https://id.oclc.org/worldcat/entity/E39PBJm4Vwb8tpDYbtGkhKP84q |
| geographic_facet | Kentucky |
| id | ZDB-4-EBA-ocn900345003 |
| illustrated | Not Illustrated |
| indexdate | 2024-11-27T13:26:25Z |
| institution | BVB |
| isbn | 9780813162676 081316267X 1322600589 9781322600581 0813151996 9780813151991 |
| language | English |
| oclc_num | 900345003 |
| open_access_boolean | |
| owner | MAIN DE-863 DE-BY-FWS |
| owner_facet | MAIN DE-863 DE-BY-FWS |
| physical | 1 online resource (181 pages) |
| psigel | ZDB-4-EBA |
| publishDate | 2015 |
| publishDateSearch | 2015 |
| publishDateSort | 2015 |
| publisher | The University Press of Kentucky, |
| record_format | marc |
| series | University of Kentucky study. |
| series2 | A University of Kentucky study |
| spelling | Dukeminier, Jesse. https://id.oclc.org/worldcat/entity/E39PBJdMdfpmhF8KWJHMJC8Qv3 http://id.loc.gov/authorities/names/n79065222 Perpetuities law in action : Kentucky case law and the 1960 Reform Act / by Jesse Dukeminier, Jr. Lexington : The University Press of Kentucky, [2015] 1 online resource (181 pages) text txt rdacontent computer c rdamedia online resource cr rdacarrier A University of Kentucky study Print version record. Cover; Title; Copyright; FOREWORD; Contents; INTRODUCTION; 1. WHAT THE RULE AGAINST PERPETUITIES IS IN KENTUCKY; 1. What the Common Law Rule against Perpetuities Is; A. Lives in being; B. The remote possibilities test; 2. The Meaning of ""Vest"": Myth and Reality; A. Vest in possession; B. Indefeasibly vest in interest; C. Vest in interest with possession postponed; D. Vest in interest subject to open (or subject to partial divestment); E. Vest in interest subject to total divestment; 2. APPLICATION OF THE RULE AGAINST PERPETUITIES TO VARIOUS INTERESTS; 1. Gifts to Classes. 2. Powers of Appointment3. Options; 4. Gifts to Charity; 5. Trusts for Employees; 6. Trusts for Accumulation; 7. Consequences of Violating the Rule; A. Preceding estates stand; invalid interest passes by intestacy; B. Preceding estates stand; invalid interest passes to the last person(s) entitled to the income; C. Infectious invalidity; preceding valid estates fall with invalid remainder; D. Reform of invalid interest by cy pres; 3. THE TROUBLES CAUSED BY THE STATUTE PROHIBITING SUSPENSION OF THE POWER OF ALIENATION. 1. The Meaning of KRS 381.220, Prohibiting Suspension of the Power of Alienation (Applicable to Transfers That Took Effect prior to July 1, 1960)2. Is There a Rule Limiting the Duration of Trusts?; 4. REFORMS OF THE 1960 PERPETUITIES ACT; 1. Why Reform?; A. The Rule against Perpetuities is essentially incomprehensible; B. The statutory language in KRS 381.220 prohibiting suspension of the power of alienation confused both bench and bar; C. The remote possibilities test, in about three-quarters of the cases, deprived beneficiaries of gifts which in fact would have vested in due time. We concluded this was unfair and unjustifiable in policyD. The consequences of violating the Rule were harsh and unsettled; E. Confusion surrounds the meaning of vest -- 2. Adoption of the Common Law Rule against Perpetuities; 3. The Wait-and-See Doctrine and Cy Pres; A. The wait-and-see doctrine; B. Reformation by cy pres; 4. Illustrations of How KRS 381.216 Applies; 5. Drafting to Avoid Perpetuities Problems; 5. ABOLITION OF POSSIBILITIES OF REVERTER AND TERMINATION OF RIGHTS OF ENTRY; 1. The Purpose of the Statute. 2. Good Riddance: The Determinable Fee and Possibility of Reverter Abolished3. Termination of Rights of Entry after Thirty Years; 4. Termination and Preservation of Possibilities of Reverter and Rights of Entry Created prior to July 1, 1960; 5. Exceptions to the Thirty-Year Termination Rule; 6. THE RULE AGAINST DIRECT RESTRAINTS ON ALIENATION; 1. The Rule against Restraints Distinguished from the Rule against Perpetuities and the Rule against Suspension of the Power of Alienation; 2. Restraints on Legal Life Estates and Remainders. 3. Restraints on a Legal Fee in Possession: The Doctrine of Reasonable Restraints. Few rules of law can so quickly strike terror into the hearts of lawyers as the Rule against Perpetuities. This rule, two centuries in development, is designed to prevent tying up property for too long a time. It can be stated in one sentence, but the great nineteenth-century master of the Rule, John Chipman Gray, required more than 400 scrupulously detailed pages to explain it. For deceptive subtleties and unexpected traps it has no equal. This book views the Rule in the microcosm of Kentucky cases. It shows that perpetuities law in action differs from perpetuities law in the books. It is more. English. Perpetuities Law and legislation Kentucky. Perpetuities Kentucky. Professions Law and legislation Kentucky. Perpétuités Kentucky. LAW Civil Procedure. bisacsh LAW Legal Services. bisacsh POLITICAL SCIENCE Government Judicial Branch. bisacsh LAW Common. bisacsh Perpetuities fast Professions Law and legislation fast Kentucky fast https://id.oclc.org/worldcat/entity/E39PBJm4Vwb8tpDYbtGkhKP84q has work: Perpetuities law in action (Text) https://id.oclc.org/worldcat/entity/E39PCGc8YDDK3mXd6V7bH3FvgX https://id.oclc.org/worldcat/ontology/hasWork Print version: Dukeminier, Jesse Jr. Perpetuities Law in Action : Kentucky Case Law and the 1960 Reform Act. Lexington : The University Press of Kentucky, ©2015 9780813151991 University of Kentucky study. FWS01 ZDB-4-EBA FWS_PDA_EBA https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=938554 Volltext |
| spellingShingle | Dukeminier, Jesse Perpetuities law in action : Kentucky case law and the 1960 Reform Act / University of Kentucky study. Cover; Title; Copyright; FOREWORD; Contents; INTRODUCTION; 1. WHAT THE RULE AGAINST PERPETUITIES IS IN KENTUCKY; 1. What the Common Law Rule against Perpetuities Is; A. Lives in being; B. The remote possibilities test; 2. The Meaning of ""Vest"": Myth and Reality; A. Vest in possession; B. Indefeasibly vest in interest; C. Vest in interest with possession postponed; D. Vest in interest subject to open (or subject to partial divestment); E. Vest in interest subject to total divestment; 2. APPLICATION OF THE RULE AGAINST PERPETUITIES TO VARIOUS INTERESTS; 1. Gifts to Classes. 2. Powers of Appointment3. Options; 4. Gifts to Charity; 5. Trusts for Employees; 6. Trusts for Accumulation; 7. Consequences of Violating the Rule; A. Preceding estates stand; invalid interest passes by intestacy; B. Preceding estates stand; invalid interest passes to the last person(s) entitled to the income; C. Infectious invalidity; preceding valid estates fall with invalid remainder; D. Reform of invalid interest by cy pres; 3. THE TROUBLES CAUSED BY THE STATUTE PROHIBITING SUSPENSION OF THE POWER OF ALIENATION. 1. The Meaning of KRS 381.220, Prohibiting Suspension of the Power of Alienation (Applicable to Transfers That Took Effect prior to July 1, 1960)2. Is There a Rule Limiting the Duration of Trusts?; 4. REFORMS OF THE 1960 PERPETUITIES ACT; 1. Why Reform?; A. The Rule against Perpetuities is essentially incomprehensible; B. The statutory language in KRS 381.220 prohibiting suspension of the power of alienation confused both bench and bar; C. The remote possibilities test, in about three-quarters of the cases, deprived beneficiaries of gifts which in fact would have vested in due time. We concluded this was unfair and unjustifiable in policyD. The consequences of violating the Rule were harsh and unsettled; E. Confusion surrounds the meaning of vest -- 2. Adoption of the Common Law Rule against Perpetuities; 3. The Wait-and-See Doctrine and Cy Pres; A. The wait-and-see doctrine; B. Reformation by cy pres; 4. Illustrations of How KRS 381.216 Applies; 5. Drafting to Avoid Perpetuities Problems; 5. ABOLITION OF POSSIBILITIES OF REVERTER AND TERMINATION OF RIGHTS OF ENTRY; 1. The Purpose of the Statute. 2. Good Riddance: The Determinable Fee and Possibility of Reverter Abolished3. Termination of Rights of Entry after Thirty Years; 4. Termination and Preservation of Possibilities of Reverter and Rights of Entry Created prior to July 1, 1960; 5. Exceptions to the Thirty-Year Termination Rule; 6. THE RULE AGAINST DIRECT RESTRAINTS ON ALIENATION; 1. The Rule against Restraints Distinguished from the Rule against Perpetuities and the Rule against Suspension of the Power of Alienation; 2. Restraints on Legal Life Estates and Remainders. Perpetuities Law and legislation Kentucky. Perpetuities Kentucky. Professions Law and legislation Kentucky. Perpétuités Kentucky. LAW Civil Procedure. bisacsh LAW Legal Services. bisacsh POLITICAL SCIENCE Government Judicial Branch. bisacsh LAW Common. bisacsh Perpetuities fast Professions Law and legislation fast |
| title | Perpetuities law in action : Kentucky case law and the 1960 Reform Act / |
| title_auth | Perpetuities law in action : Kentucky case law and the 1960 Reform Act / |
| title_exact_search | Perpetuities law in action : Kentucky case law and the 1960 Reform Act / |
| title_full | Perpetuities law in action : Kentucky case law and the 1960 Reform Act / by Jesse Dukeminier, Jr. |
| title_fullStr | Perpetuities law in action : Kentucky case law and the 1960 Reform Act / by Jesse Dukeminier, Jr. |
| title_full_unstemmed | Perpetuities law in action : Kentucky case law and the 1960 Reform Act / by Jesse Dukeminier, Jr. |
| title_short | Perpetuities law in action : |
| title_sort | perpetuities law in action kentucky case law and the 1960 reform act |
| title_sub | Kentucky case law and the 1960 Reform Act / |
| topic | Perpetuities Law and legislation Kentucky. Perpetuities Kentucky. Professions Law and legislation Kentucky. Perpétuités Kentucky. LAW Civil Procedure. bisacsh LAW Legal Services. bisacsh POLITICAL SCIENCE Government Judicial Branch. bisacsh LAW Common. bisacsh Perpetuities fast Professions Law and legislation fast |
| topic_facet | Perpetuities Law and legislation Kentucky. Perpetuities Kentucky. Professions Law and legislation Kentucky. Perpétuités Kentucky. LAW Civil Procedure. LAW Legal Services. POLITICAL SCIENCE Government Judicial Branch. LAW Common. Perpetuities Professions Law and legislation Kentucky |
| url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=938554 |
| work_keys_str_mv | AT dukeminierjesse perpetuitieslawinactionkentuckycaselawandthe1960reformact |