All trustees are given general powers of trust management by:

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Author Question: All trustees are given general powers of trust management by: (Read 46 times)

james9437

Hero Member
Posts: 568

on: Mar 2, 2019

Question 1

Trusts become terminated when:

◦ The trust's purpose has been fulfilled
◦ The beneficiary declines the gifts
◦ The court says
◦ A will is drafted

Question 2

All trustees are given general powers of trust management by:

◦ Federal law
◦ State law
◦ Local penal codes
◦ Power of attorney

Wills, Trusts, and Estates Administration ¦ Herskowitz ¦ 5^th Edition

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gasdhashg

Sr. Member
Posts: 335

Reply #1 on: Mar 2, 2019

Answer 1

The trust's purpose has been fulfilled

Answer 2

State law

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