Fertile-Octogenarian Rule

Fraudulent Transfer

An unrealistic legal fiction that any living person (male or female) is capable of having a child. in estate planning, this rule could defeat the intentions of a person leaving property to others. for example, if property could not pass to one’s child as long as he or she might acquire a sibling, then the child would have to wait until both parents died, unnecessarily tying up the property. most states have passed laws to cure this anomaly.

Was This Term Helpful?

0 out of 0 found this helpful

Still got a question or concern?

Click here to contact us or go back to the main Glossary page.