Under New York RAP reforms, reform of an age condition to cure a violation typically involves:

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Multiple Choice

Under New York RAP reforms, reform of an age condition to cure a violation typically involves:

Explanation:
Under New York’s RAP reforms, a common way to cure a potential perpetuities violation is to reform the instrument by changing an age contingency so that the interest vests within a life in being plus 21 years. This keeps the vesting within the allowable perpetuity period, making the gift valid. Reforming the age condition to 21 is the typical mechanism because it aligns the timing with the standard wait-and-vest framework learned in trust and property law, preventing an unreasonable delay in vesting. The other options refer to different concepts or doctrines not normally used to cure an age-contingency RAP problem: second-look or wait-and-see approaches are not the standard reform for an age contingency, cy pres applies to charitable gifts, and a 90-year period is a statutory reform approach not the typical private-age reform. Therefore, adjusting the age to 21 is the appropriate cure.

Under New York’s RAP reforms, a common way to cure a potential perpetuities violation is to reform the instrument by changing an age contingency so that the interest vests within a life in being plus 21 years. This keeps the vesting within the allowable perpetuity period, making the gift valid. Reforming the age condition to 21 is the typical mechanism because it aligns the timing with the standard wait-and-vest framework learned in trust and property law, preventing an unreasonable delay in vesting. The other options refer to different concepts or doctrines not normally used to cure an age-contingency RAP problem: second-look or wait-and-see approaches are not the standard reform for an age contingency, cy pres applies to charitable gifts, and a 90-year period is a statutory reform approach not the typical private-age reform. Therefore, adjusting the age to 21 is the appropriate cure.

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