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Home > Jurisdictions > > Domestic US Trusts
| Alaska | Within a period of 1,000 years after its creation, either the power is irreocably expercised or the or the power is terminated. | AK ST § 34.27.051 |
| Delaware | State law against perpetuities does not apply to personal property in trusts. Real property within a trust must vest within 110 years. | 25 Del. C § 503 |
| Missouri. | The Rule Against Perpuities does not apply to trusts created after August 28, 2001, if the trustee has the power to sell the property during the period of time that the trust continues beyond the period of the Rule Against Perpuitity | V.A.M.S. §456(.025(1) |
| Rhode Island | The common law against perpuities shall no longer be deemed to be in force and/or effect this state provided that this section of law shall not be construed to invalidate prior debt or equity in interest by another party. | RI GL §34-11-38 |
| Florida | Uniform Rule Against Statutory Perpuities | FL ST §689.225 |
| Utah | A nonvested (or non conveyed) property interest is invalid unless within 1,000 years afer the interest's creation the interest is conveyed or terminated. |
UT ST §75-2-1203(1) |
| Nevada | Uniform Statutory Rule Against Perpuities |
NRS § 111.103 |
| South Dakota |
The common law rule against perpuities is not enforced in this state. |
SDCL § 43-5-8 |
| Tennessee | Common Law rule has been applicable until June 30, 2007 and any trust created after that date or a trust the becomes irrevocable after that date. All powers and interests in the trust vest or terminate or the power of appointment is exercised within 360 years. |
TCA §66-1-202(f) |
| Oklahoma | Common Law Rule Codified |
OK Const. Art 2 § 32,60 OS Sec. 175.47 |
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You Will Learn the Following
►Asset Protection Basics
►Key Definitions for Your Understanding of the Tools Available
►How You Can Use Trusts to Your Advantage
►Irrevocable versus Revocable Trusts
►How the Law Pertains to Asset Protection
►The Safety Net Cuba Clause
►How to Choose a Jurisdiction for Maximum Benefits
►The Lesson Curriculum is as follows.
Lesson 1 - Asset Protection Theory
Lesson 2 - Definition of Terms
Lesson 3 - Rules of Asset Protection
Lesson 4 - Practice and use of your Trust
Lesson 5 - Trusts and Taxes
Lesson 6 - Types of Trusts
Lesson 7 - Irrevocable Trust
Lesson 8 - Security From The Law
Lesson 9 - The Cuba Clause
Lesson 10 - Jurisdiction Selection.
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