When the permissible period of the rule against perpetuities must be
computed from the time of the creation of the power of appointment,
facts and circumstances existing on the effective date of the instrument
exercising the power shall be taken into account in determining the
validity of interests created by the instrument exercising the power.
Structure New York Laws
EPT - Estates, Powers and Trusts
Part 8 - Rule Against Perpetuities and Accumulations as Affected by Powers of Appointment
10-8.1 - Rule Against Perpetuities; Time at Which Permissible Period Begins
10-8.2 - Rule Against Perpetuities; Law Which Determines Permissible Period
10-8.3 - Rule Against Perpetuities; Facts to Be Considered
10-8.4 - Rule Against Accumulations; Law Determining Validity in Exercise of a Power of Appointment