I have this property situation "O to A for life, then to B for life, then to A's heirs." At the time of the conveyance, A is married and has 2 children.

I think these are my estates

A: life estate

B: vested remainder in life estate

A's heirs: contingent remainder in fee simple absolute

O: Reversion in fee simple absolute

Let me know if I am wrong

Does the rule of perpetuities apply? If so how would it change the estates above?