[jettio]

Originally Posted by Amnorix

Sorry to foil your master plan, but this is an illegal trust. The Rule Against Perpetuities prohibits this kind of stuff.

RAP is one of the more annoying concepts created to torture law students, and I won't bore you with the details, but here's something I lifted off a website:

"PERPETUITIES, RULE AGAINST - The rule against perpetuities is one of the most complicated parts of estate planning to explain. Basically, common law disfavors and prevents property from being held perpetually in trust, and therefore, voids any agreement (varies from state to state) which does not end twenty-one years after a life in being, or one generation from lives presently in being plus twenty-one years."

http://www.lectlaw.com/def2/p033.htm

I was wondering what law schooler/alum was going to be the first to break that sad news to the maestro of myrth.

You did a good job.