Article

Jurisdictional Competition for Trust Funds: An Empirical Analysis of Perpetuities and Taxes

115 Yale L.J. 356 (2005)

This Article presents the first empirical study of the domestic jurisdictional competition for trust funds. To allow donors to exploit a loophole in the federal estate tax, since 1986 a host of states have abolished the Rule Against Perpetuities as applied to interests in tru…