Property Ownership
South Dakota has unique 'dynasty trust' laws that allow trusts to last for how long?
A21 years beyond the last beneficiary's death (Rule Against Perpetuities)
B100 years maximum
CUp to 500 years under South Dakota's perpetuities legislation
DIndefinitely — South Dakota has abolished the rule against perpetuities for trusts✓ Correct
Explanation
South Dakota has abolished the rule against perpetuities for trusts, allowing perpetual (dynasty) trusts that can hold assets — including real property — indefinitely, making SD a top jurisdiction for trust formation.
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