W

This is one of the three reform movements under way against the Rule. The idea is to actually wait and see what happens to determine the validity of an interest under the Rule. The difficulties with the wait and see doctrine are: The first is the period of time that property will be tied up to wait and see what happens. The second is who will be the measuring life. The standard under the current Rule Against Perpetuities for choosing measuring lives is not appropriate because the certainty of vesting is no longer relevant. The three methods that have been developed for choosing measuring ...