Politicians, dimly aware of the awesome power of compound growth, have in many jurisdictions passed laws against perpetuities to prevent the enormous concentrations of wealth that might arise from investments compounding without limit. On the other hand, some states and counties welcome perpetual trusts, being more interested in deriving revenue from them now.
Multi-generational wealth is a larger problem, IMO, than the opposite. Creating a class of wealthy people who never contributed anything, is the source of a lot of strife in the country.
