UK Justice Minister Bridget Prentice announced, on 7 January 2010, a Commencement Order to bring the Perpetuities and Accumulations Act 2009 fully into force on 6 April 2010. The Act, which received Royal Assent on 12 December 2009, is designed to modernise and simplify trust law on leaving property in trust for future generations.

Under the Act, a standard perpetuity period of 125 years will apply to property put in trust, by will or otherwise. The perpetuity period limits the length of …

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