Rule Against Perpetuities

Question 1

3 things that are subject to RAP?

Answer 1

1. contingent remainders
2. executory interests
3. class gifts (“to my children”)

Question 2

4 things that are not subject to RAP?

Answer 2

1. present interests
2. vested remainders (other than vested subject to open)
3. any interest retained by the grantor (reversions, possibility or reverter, right of reentry)
4. trusts

Question 3

what does “must vest, if at all” mean and how does it work with RAP?

Answer 3

it is irrelevant that we might get our question answered, if it is at all possible that we won’t get our answer, then it fails RAP