Parker v. Parker

No devise or grant of a future interest in property is valid unless the title thereto must vest, if at all, not later than twenty- one years, plus the period of gestation, after some life or lives in being at the time of the creation of the interest. If there is a possibility such future interest may not vest within the time prescribed, the gift or grant is void. McPherson v. Bank, 240 N.C. 1, 15, 81 S.E. 2d 386, quoting from McQueen v. Trust Co., 234 N.C. 737, 741, 68 S.E. 2d 831. The rule refers solely to the vesting of estates and does not concern itself with their possession or enjoyment.…