November 30, 2017 has been declared Alberta Law Reform Institute Day by the Honourable Kathleen Ganley, Minister of Justice Fifty years ago, the University of Alberta, Law Society of Alberta and Alberta Ministry of Justice formed the Institute of Legal Research and Reform, known today as the Alberta Law Reform Institute (ALRI). Since 1967, the Institute has stood as a full-time independent law reform agency dedicated to advancing just and effective laws in Alberta. Leadership is provided by a 14 member Board that is representative of the founding parties and legal community at large. Many cutting edge lawyers, academics, policy makers, and judiciary have served the Institute throughout the years and have helped shape the Institute to what it is now. Read more....
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The Alberta Law Reform Institute has published Final Report 110, Abolition of Perpetuities. What is the Rule Against Perpetuities? The rule against perpetuities is an ancient and complex set of legal rules designed to prevent people from indefinitely tying up land and assets via successive contingent interests of title so that future generations cannot sell, mortgage or enjoy full use of the property. In 1972, Alberta reformed the worst excesses of the rule against perpetuities in our current Perpetuities Act, seeking a reasonable balance between competing interests. ALRI Recommends Abolishing Perpetuities Law Following public consultation, the Alberta Law Reform Institute has now released Final Report 110, Abolition of Perpetuities recommending the abolition of perpetuities law in Alberta.The modern availability of court variation of trusts, tax law and other interests is a sufficient legal mechanism to balance competing interests in this area. Other provinces have abolished perpetuities law without any apparent major problems. ALRI invites you to review the Final Report here. |
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