RAP Flashcards
O conveys “To A for life, then to B if B attains the age of 30.” B is 2 years good. Is the interest to B good under the common law rule against perpetuities?
1) Created upon death = immediate
2) A = LE, B = CR, O = reversion
3) B is alive and B counts as a measuring life
4) If we Kill B right now, he’s 2 years old and it is certain he will not reach 30 years old in 21 years + 10 months
B’s interest is still good because he fails for CERTAIN
What is the difference between deed, devising, and conveyance?
Conveyance/Deed = still alive Devise = upon death
O conveys: “To A for life, then to A’s children for their lives, then to B if B is then alive, and if B is not then alive, to B’s heirs” A → No children
Are the interests to B and B’s heirs good under the common law rule against perpetuities?
A = LE, A’s children = LE in CR (unascertained), B = Alt. CR in FSA, B’s heirs = alt. CR in FSA, O = technical reversion (due to alt contingent remainders) –> we apply RAP b/c of CR’s
A is alive, B is alive = B is a measuring life if we are looking at B’s heirs future interest
If we killed B today, his heirs would for certain have rights to the property as their alternate contingent remainder
B’s heirs’s interest is valid under RAP because either way, for certain either B or B’s heirs will get the land (alt contingent remainders)
What is the 4.5 step process created by Cai?
- Notice when and how future interest is created
- Who’s alive? Label the estate and future interest
- Find one validating/measuring life
- Do the math: will interest vest or fail for certain in 21 years + 10 months?
.5 = Void any language that violates RAP
To which interests does RAP apply?
Contingent Remainders
Executory Interests
Class Gifts: VRSO
What is the traditional definition of RAP?
“No interest is good unless it must vest, if at all, no later than twenty-one years after some life in being at the creation of the interest”
Notice When Future Interest is Created = that’s when the period starts!
By will = at death of testator/testatrix
By trust = whenever the trust becomes irrevocable
By inter vivos = whenever transfer/conveyance is granted
What are the only vested remainders subject to RAP?
VRSO (class of persons) “3 Musketeers rule” - all for one, one for all Requires class is closed, all conditions have been satisfied by every member of the class
What values does RAP forward?
Anti-fairness
Pro-certainty
O conveys: A for life, then to B and her heirs, but if B ever sells alcohol on the premises then to C and her heirs
Move through Cai’s 4.5 step process to label the lives, interests and which (if any) future interests require a RAP analysis
- Convey = inter vivos
- A = LE, B = VRSD, C = EI
- B is the ONLY one who has an effect on whether or not alcohol is sold on the premises
Why B? Even though B’s interest is not subject to RAP, B can serve as the measuring life on E’s EI
Why not C? C cannot directly affect the vesting of the future interest - Can we show with absolute certainty that alcohol will be sold or never? YES, either there will be alcohol sold during B’s lifetime and he loses to C. OR B will not ever sell alcohol on the premises and E never gets the property. RAP does not apply, interest is valid.
O conveys: A for life, then to B and her heirs, but if alcohol is sold on the premises, then to C and her heirs
Move through Cai’s 4.5 step process to label the lives, interests and which (if any) future interests require a RAP analysis
1) Convey = inter vivos
2) A = LE, B = VRSD, C = EI
3) RAP applies because there is no measuring life, skip to 4.5) C’s EI is not valid
“A for life, then to B and her heirs” B now has a VR in FSA
Testator, T, devises property, “To my oldest descendant alive at my son, Tom’s death.”
Move through Cai’s 4.5 step process to label the lives, interests and which (if any) future interests require a RAP analysis
- Devise = death
- Tom =nothing , Oldest descendant who survives Tom = CR (unascertained and condition precedent) –> RAP Applies
- Tom is the validating life because he directly impacts when he dies
- Kill tom = will the CR vest or fail within 21 years and 10 months? YES!
Interest is valid under RAP
Testator, T, devises property, “To my oldest descendant alive at the death of the last to die of all of my issue who are alive at my death.” Who can be the measuring life?
- Devise = death. Who is alive @ creation: not T (T devised), some of his issue
- FI in oldest descendant alive = CR (unascertained). Class gift and the class is closed bc of the key language: all issue alive at my death.
- VL = closed class of issues alive @ T’s death
- Kill VL. Will the CR vest or fail within 21 years and 10 months? Yes. At the last issue’s death the FI will vest or fail.
Interest is valid under RAP
O grants property, “To such of my children who graduate from college.” At the time of the grant, O’s has 3 children alive, 6, 10, and 19. The 19 year old is in college.
- Grant = O is alive, O’s three kids
- Children who graduate from college = CR in a class gift. Class is open. RAP analysis applies
- VL = O cannot be even though alive bc O has no control / causal relation to the kids graduating from college, Kids cannot bc even though alive they are an open class. Fails under RAP due to lack of VL!
a. Strike the entire interest, reverts back to O
O devises property, “To such of my children who graduate from college.” O’s leaves behind three children alive, ages 6, 10, and 19, respectively. The 19 year old is currently in college, but has yet to graduate.
- Devise = O is dead, O’s 3 kids are alive
- CR = class is closed, but the three alive children have a condition precedent, RAP analysis
- VL = all of O’s 3 kids can be their own validating life because the class is closed! VL can be the last one to die
- Kill each kid. We will we know if the CR will vest or fail within 21 yrs and 10 mos? Yes. At each kid’s death, w/in the closed group, we will know if they graduated from college or not.
Valid interest under RAP