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20 Wealthy families who lost it all by mistake

April 30, 2026 by Agustin Catania

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#15: The Trust Funds Destroyed by a Legal Drafting Error

A single mistake involving the Rule Against Perpetuities invalidated multiple family trust funds worth millions. The drafting error caused the trusts to violate technical legal limits on duration. Courts had no choice but to void the arrangements. Generational wealth evaporated due to a poorly structured clause.

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Filed Under: Lifestyle Tagged With: cheapism, infiniteScroll

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