Section 62 The Rule Against Perpetuities
| Library | Trust and Estate Legislation 2012 |
While Missouri’s decanting statute, § 456.4-419, RSMo Supp. 2011, is silent with respect to the Rule (Rule Against Perpetuities), a trustee considering decanting should keep in mind the possible continued application of the Rule from the first trust to the second. In 2001, the Missouri legislature repealed the Rule for most but not all trusts administered in Missouri. Section 456.025, now RSMo Supp. 2011 (formerly § 456.236, RSMo Supp. 2001, which was transferred to § 456.025 in 2004). Section 456.025.3...
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