Which of the following is not necessary to create an express trust?
A)valid trust purpose.
B)trust property.
C)beneficiary
D)successor trustee.

Question

Which of the following is not necessary to create an express trust?​
A)valid trust purpose.
B)trust property.
C)beneficiary
D)successor trustee.

Quizplus · Accepted Answer

A successor trustee is not necessary to create an express trust. The essential elements to create an express trust are a valid trust purpose, trust property (also known as the trust res), and a beneficiary. A successor trustee is someone who takes over the management of the trust if the original trustee can no longer fulfill their duties, but their designation is not required at the creation of the trust.

Which of the Following Is Not Necessary to Create an Express