The Yale Law Journal

Robert H. Sitkoff


Jurisdictional Competition for Trust Funds: An Empirical Analysis of Perpetuities and Taxes

Robert H. Sitkoff & Max M. Schanzenbach

115 Yale L.J. 356 (2005)

This Article presents the first empirical study of the domestic jurisdictional competition for trust funds. To allow donors to exploit a loophole in the federal estate tax, since 1986 a host of states have abolished the Rule Against Perpetuities as applied to interests in tru…