Under the Rule Against Perpetuities, which statement describes a permissible contingent remainder?

• A. It may vest more than 21 years after the grantor's death if a life in being is involved.
• B. It will vest no later than 21 years after the death of a life in being involved.
• C. It never violates RAP if the grant is to a charity.
• D. It is valid if it is to a friend.

Answer: (B)