Law School Discussion

Law Students => Current Law Students => Topic started by: ajstyles on December 04, 2006, 03:52:07 PM

Title: OMG I hate future interests...
Post by: ajstyles on December 04, 2006, 03:52:07 PM
I know property really well and I'm almost positive I could get a high B in this class if only it wasn't for future interests.  I have no clue what % of my final will be dedicated to FI...if it's 10% great...if it's more like 25%...I'm screwed.
Title: Re: OMG I hate future interests...
Post by: CoxlessPair on December 04, 2006, 05:50:47 PM
What's the problem with them? They are not hard with enough practice. PM me if you want a workbook type thing my prof gave us last year or have questions (aced the class last year).

RAP, on the other hand, is a legitimate thing to get worked up about.
Title: Re: OMG I hate future interests...
Post by: Ivy_Hopeful on December 04, 2006, 07:14:46 PM
Unfortunately my prof is all about FI... so oh well, practice makes draining, lol
Title: Re: OMG I hate future interests...
Post by: eli250 on December 04, 2006, 08:56:08 PM
What's the problem with them? They are not hard with enough practice. PM me if you want a workbook type thing my prof gave us last year or have questions (aced the class last year).

RAP, on the other hand, is a legitimate thing to get worked up about.

RAP is part of future interests and one of the main reasons people hate them.  I, on the other hand killed myself trying to understand everything about the statute of uses.  Turns out, I didn't really need to know that much about it, but I wasted many hours learning the history.
Title: Re: OMG I hate future interests...
Post by: jacy85 on December 05, 2006, 05:35:18 AM
The key to future interests is practice, practice, practice.  The more problems you do, the better. My professor tried to really screw our class over.  In class and from the casebook, we did some relatively straightforward "easy" examples to learn the rules.  In contrast, his exam had some really bad questions on it.  I did pretty well on the FI section, but only because I did probably 100 questions.  (hit your law library to see if they have workbooks/Q&A type books just for FI)
Title: Re: OMG I hate future interests...
Post by: rutherford on December 05, 2006, 07:35:47 AM
wow. I feel for you guys. Our prof basically said there won't be any strictly Future Interest questions. Just Essays.
Title: Re: OMG I hate future interests...
Post by: Runner-up on December 05, 2006, 01:08:26 PM
Future interests are ok with me, as long as they're softball questions. As soon as the difficulty level goes up, I'm flustered, even though I know this stuff. The way the questions on the exam are phrased, they make you totally forget that you in fact know the interests.

Today, we spent our property review session going over the semester. Some students understandably showed a huge gap in their command on future interests- and the professor was no longer offering her ingratiating remarks.

The Rule Against Perpetuities is a huge source of angst among students. The way this has been taught to us has been conspicuously inadequate.
Title: Re: OMG I hate future interests...
Post by: jacy85 on December 05, 2006, 01:11:29 PM

The Rule Against Perpetuities is a huge source of angst among students. The way this has been taught to us has been conspicuously inadequate.

It's not the way its taught, its just the bloody rule itself.  I never really found a good, clear explanation of the rule last year.  (although if your professor sucks, the rule can be even worse than the nightmare it already is)
Title: Re: OMG I hate future interests...
Post by: Jumboshrimps on December 05, 2006, 01:36:02 PM
My property prof did a nice job of explaining the RAP last year. From my outline:

4 steps:
1) State the title
2) State the condition precedent (what will make interest vest?)
3) Find a tentative measuring life (person whose death resolves the contingency immediately or at least within 21 years)
   -if that person is a class, it must be closed
4) Is tentative measuring life in being at the time of grant?
   -if not, interest is void
Title: Re: OMG I hate future interests...
Post by: CoxlessPair on December 05, 2006, 02:51:52 PM
This came from my property midterm last year:

Fred Astaire conveys his farm to "to Clair Adair, the au pair, and her heirs so long as Clair Adair cares for my pair of rare mares named Flair and Blair; if Clair Adair dare not care for the rare mare pair Flair and Blair, then beware: to Astaire's heirs."


THAT is cause for future interest bitching.
Title: Re: OMG I hate future interests...
Post by: eli250 on December 05, 2006, 07:19:19 PM
This came from my property midterm last year:

Fred Astaire conveys his farm to "to Clair Adair, the au pair, and her heirs so long as Clair Adair cares for my pair of rare mares named Flair and Blair; if Clair Adair dare not care for the rare mare pair Flair and Blair, then beware: to Astaire's heirs."


THAT is cause for future interest bitching.

Dr. Seuss the property prof. eh?  It's just a fee simple determinible though, right?
Title: Re: OMG I hate future interests...
Post by: VitaminE on December 05, 2006, 07:23:04 PM
http://www.scu.edu/law/FacWebPage/Carbone/RAP/start.htm

This website is helpful if you have a completely incompetent professor (like I do). After going through the Q&As, I FINALLY understand what a measuring life is.
Title: Re: OMG I hate future interests...
Post by: rhapsody on December 05, 2006, 08:31:31 PM
My property prof did a nice job of explaining the RAP last year. From my outline:

4 steps:
1) State the title
2) State the condition precedent (what will make interest vest?)
3) Find a tentative measuring life (person whose death resolves the contingency immediately or at least within 21 years)
   -if that person is a class, it must be closed
4) Is tentative measuring life in being at the time of grant?
   -if not, interest is void


I'm a fan of the create, kill, and count approach.  Easiest to remember!
Title: Re: OMG I hate future interests...
Post by: eli250 on December 05, 2006, 08:53:21 PM
http://www.scu.edu/law/FacWebPage/Carbone/RAP/start.htm

This website is helpful if you have a completely incompetent professor (like I do). After going through the Q&As, I FINALLY understand what a measuring life is.

that was agreat review!
Title: Re: OMG I hate future interests...
Post by: J D on December 05, 2006, 09:47:36 PM
My property prof did a nice job of explaining the RAP last year. From my outline:

4 steps:
1) State the title
2) State the condition precedent (what will make interest vest?)
3) Find a tentative measuring life (person whose death resolves the contingency immediately or at least within 21 years)
   -if that person is a class, it must be closed
4) Is tentative measuring life in being at the time of grant?
   -if not, interest is void


I'm a fan of the create, kill, and count approach.  Easiest to remember!

That's the way our professor taught us.  Basically, draw the family tree as best as you can glean from the problem, start killing off all the lives in being at the time of the creation of the grant, and ask "what might happen within 21 years of the last person's death?"  I found it was pretty effective.
Title: Re: OMG I hate future interests...
Post by: eli250 on December 07, 2006, 12:37:03 PM
I just had my property exam this morning.  About 1/3 of the test was future interests.  Glad that's over with.