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KembaraXtra – Legal Terms – Perpetual Trusts
Perpetual trusts are trusts intended to continue indefinitely without termination.
English law generally restricts such arrangements through the rule against perpetuities.
The rule prevents property from being tied up indefinitely and limits long-term control over assets.
Trusts must usually vest within a legally permitted perpetuity period.
The doctrine promotes the free circulation and transferability of property.
Perpetual trusts are trusts intended to continue indefinitely without termination.
English law generally restricts such arrangements through the rule against perpetuities.
The rule prevents property from being tied up indefinitely and limits long-term control over assets.
Trusts must usually vest within a legally permitted perpetuity period.
The doctrine promotes the free circulation and transferability of property.
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