Alerts3.13.24
Indiana Extends Rule Against Perpetuities to 360 Years
Highlights
Indiana Gov. Eric Holcomb recently signed into law House Bill 1209, which amends Indiana law to extend the rule against perpetuities to 360 years
The rule against perpetuities governs how long trusts may last
The 360-year rule applies to all trusts with an effective date of July 1, 2024, or after and, depending on the trust provisions, to trusts with an effective date before July 1, 2024
On March 11, 2024, Indiana Gov. Eric Holcomb signed into law House Bill 1209, which amends Indiana law to extend the rule concerning how long trusts may last to 360 years. This rule is known as the rule against perpetuities.
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