The attempt to control property after your death. For policy reasons, deadhand control is limited, specifically by the rule against perpetutities.
Definition from Nolo’s Plain-English Law Dictionary
An attempt to keep property in the hands of chosen family members or organizations through ownership interests that vest far into the future. In the law of wills and estates, deadhand control is restricted to lives in being at the time the will is executed, plus 21 years. (This is known as the rule against perpetuities.)
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:14 pm