Which of the following statement concerning the legal limitations placed on the duration of trusts are correct? A state that does not have a rule against perpetuities is recommended for a revocable trust the common-law rule against perpetuities allow a trust to exist for 170 years. A dynasty trust can be set up in any state within the U.S.
Which of the following statement concerning the legal limitations placed on the duration of trusts are correct? A state that does not have a rule against perpetuities is recommended for a revocable trust the common-law rule against perpetuities allow a trust to exist for 170 years. A dynasty trust can be set up in any state within the U.S.
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Transcribed Image Text:Which of the following statement concerning the legal limitations placed on the duration of
trusts are correct?
A state that does not have a rule against perpetuities is recommended for a revocable trust
the common-law rule against perpetuities allow a trust to exist for 170 years.
O A dynasty trust can be set up in any state within the U.S.
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