The five elements that are required for a valid trust are: a trustor, a trustee, trust property, ...

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Author Question: The five elements that are required for a valid trust are: a trustor, a trustee, trust property, ... (Read 54 times)

maychende

Hero Member
Posts: 556

on: Mar 2, 2019

Question 1

All trusts, once put into effect, may not be altered or amended.

◦ true
◦ false

Question 2

The five elements that are required for a valid trust are: a trustor, a trustee, trust property, beneficiaries, and trust purpose.

◦ true
◦ false

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

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parker125

Sr. Member
Posts: 332

Reply #1 on: Mar 2, 2019

Answer 1

false

Answer 2

true

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