This topic contains a solution. Click here to go to the answer

Author Question: A decedent's transfer of 10,000 to a trustee, to be held in trust for A, will fail to create a valid ... (Read 74 times)

clippers!

  • Hero Member
  • *****
  • Posts: 828
A decedent's transfer of 10,000 to a trustee, to be held in trust for A, will fail to create a valid trust if: __________.
 A) it was not supported by consideration.
 B) the trustee lacks capacity.
 C) A is not a family member of the decedent.
 D) the trustee had no opportunity to renounce the trust.

Question 2

In order for a trust to be created, who must be able to hold legal title?
 A) the beneficiary only
 B) the trustee only
 C) either the beneficiary or the trustee
 D) both the beneficiary and the trustee



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joshraies

  • Sr. Member
  • ****
  • Posts: 351
Answer to Question 1

B

Answer to Question 2

B




clippers!

  • Member
  • Posts: 828
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

For a complete list of videos, visit our video library