This presentation covers:
- why trusts can't last forever"rule against perpetuities (RAP)
- what happens when trust reaches vesting day & vests?
- can you extend vesting day of a trust?
- what if vesting day has already passed?
- can testator or settlor rule from grave using SA perpetual trust?
- can estate planning objectives be achieved by cloning & splitting?
- can estate planning objectives be better achieved by umbrella or master trusts?