This book is a straightforward, student-oriented guide to understanding the basics of estates and future interests. It explains in simple and understandable terms the various types of present and future interests that exist. Additionally, it breaks down the rule against perpetuities into simple and easily understandable steps. The book provides clear definitions of the relevant terminology and the black letter rules of law which are critical to understanding this material.
This book clearly highlights important points with easy to read text boxes. Throughout the book, numerous explanatory examples illustrate the application of the rules so the reader can gain a quick and clear working knowledge of this area of law. Each chapter concludes with a summary of the main points in the chapter and a set of review questions with detailed answers. Additionally, most chapters include a chart laying out the relevant points.
The last chapter includes samples of typical exam questions with detailed explanations to allow readers to apply the understanding they have gained from the book.
A Concise Guide to the Nuts and Bolts of Estates and Future Interests is ideal for students in a first year property course. Additionally, it is useful for students in an upper level course covering wills, trusts and estates where knowledge of estates and future interests is necessary.