A person's written statement that he is leaving property "to Margaret in full confidence and with hope she will take care of Tina" is too indefinite to create a trust.
Correct Answer:
Verified
Q1: If a will was burned in an
Q2: A trust is presumed to be irrevocable
Q3: A resulting trust depends on a contract
Q4: Consideration is necessary in order to enforce
Q6: An express trust may be found if
Q7: The powers of a trustee are determined
Q8: A witness to a will who is
Q9: A minor's declaration of trust is voidable.
Q10: Creditors of the beneficiary of a spendthrift
Q11: In most states, there is no lower
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