Attorney Jeffrey P. Coleman answers a common question about the ability to control your property using an estate plan.
Video Transcript:
You can place limitations on how your property is used after your death.
There are however limitations on those issues, but the long-standing law that goes all the way back to England is called the ‘Rule of Perpetuities’; this means that you can’t put too many strings on the disposition of your property after your death.
[It’s] fairly technical, but it’s something to be looked at if you feel that way, and something to seek legal assistance for.