Rules against perpetuities; prohibition; wills; trust; conveyances; effective date.

HB 4351 removes Oklahoma's application of the "rules against perpetuities" to wills, trusts, and property conveyances. This means legal documents in Oklahoma will no longer be subject to a common law restriction that previously limited how long property interests could last. The bill directly affects individuals and families creating estate plans, allowing greater flexibility in structuring property transfers. It takes effect on November 1, 2026.