Which is NOT a requirement for an express public trust to be valid?
A) It must limit the distribution of its fund to named individuals.
B) It must benefit the general public or an indefinite class of persons.
C) The settlor must intend to create a public trust.
D) A charitable purpose must be expressly designated.
E) A trustee must be named to administer the trust.
Correct Answer:
Verified
Q16: MATCHING:
-A trust that may not be amended,
Q21: Which is NOT an essential element of
Q21: Which of the following is NOT a
Q22: Which trust is in the form of
Q23: Which of the following is a type
Q27: Which of the following is generally a
Q27: Which is NOT a type of resulting
Q28: Which is NOT a subcategory of express
Q29: Which function CANNOT be performed by a
Q30: Which is NOT an advantage of using
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