Pg 45 Flashcards

1
Q

Modernly what is Cy Pres or reformation with regard to RAP?

A

This allows courts to modify trusts that violate RAP in order to carry out the testator’s intent within the perpetuities period. Courts can also insert a savings clause

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2
Q

Modernly what are statutory fixes for RAP problems?

A

Some states address certain problems like fertile octogenarian by limiting the presumption of fertility to likely childbearing years

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3
Q

What is the rule for essays in trusts and estates with regard to IRAC?

A

One IRAC per will or trust, do not combine this, and make sure you IRAC every time

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