An express trust is a trust:
A) established by law through the courts when the parties' conduct warrant the creation of a trust.
B) established by voluntary action and evidenced by a written document or oral statement.
C) created only by an oral statement.
D) created only by a written expression.
Correct Answer:
Verified
Q20: The powers of a trustee are determined
Q21: The owner of legal title to the
Q22: A court will require witnesses' signatures to
Q23: Divorce or marriage will result in a
Q26: The executor or administrator does not occupy
Q27: A will entirely in the handwriting of
Q28: Once a trust is validly created, it
Q30: If a person dies intestate, his property
Q31: A trust for the establishment and maintenance
Q40: Renunciation is a statutory right of a
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