An trust is created when a testator makes a bequest of specific property and the estate does not have the property at death.

Question

An trust is created when a testator makes a bequest of specific property and the estate does not have the property at death. ​

Quizplus · Accepted Answer

A trust is not automatically created when a testator bequeaths specific property that the estate does not have at death; instead, this situation may result in a failed or adeemed bequest, depending on the laws of the jurisdiction and the specific terms of the will.

An Trust Is Created When a Testator Makes a Bequest