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Articles 1 - 2 of 2
Full-Text Articles in Law
Virginia's Drear Aridities: Its Rule Of Perpetuities, D. Orville Lahy
Virginia's Drear Aridities: Its Rule Of Perpetuities, D. Orville Lahy
University of Richmond Law Review
Whereas most Virginia lawyers know about the rule against perpetuities, many of the same lawyers do not know what it is all about. Perpetuities is a dry and dismal subject to an active practitioner, and the state of abject bewilderment with which he was indoctrinated about the rule against perpetuities while in law school lingers on to haunt his memory. for the balance of his professional career. It is not until an actual client appears with a perpetuities problem that the same practitioner is forced to face the stark realities of the rule. It is only then that the complexities …
Can An Equitable Interest Held In Trust Be Transferred Wrongfully By The Trustee Free Of The Trust?, Ellsworth Wiltshire
Can An Equitable Interest Held In Trust Be Transferred Wrongfully By The Trustee Free Of The Trust?, Ellsworth Wiltshire
University of Richmond Law Review
We all know that a bona fide purchaser for value of trust property holds the same free of the trust. But it is usually stated that such a purchaser must obtain the legal title to the property to so eliminate the trust beneficiary. However, sup- pose the trustee holds the equitable (but not the legal) title to property in trust for a beneficiary. Is the interest of such beneficiary in the property cut off in Virginia should the trustee wrongfully convey such equitable title to a bona fide purchaser for value?