Of the following elements, which one is NOT required to create an enforceable trust?
A) Consideration.
B) Legal capacity.
C) Specific property.
D) A beneficiary.
Correct Answer:
Verified
Q16: The courts may not create implied trusts.
Q17: A trust for the dissemination of a
Q18: A trust may serve any purpose that
Q19: A second will automatically revokes an earlier
Q20: A codicil to the will must be
Q22: An express trust is a trust:
A) established
Q23: A stepchild will not ordinarily inherit under
Q24: Renunciation is a statutory right of a
Q25: If a person dies intestate, his property
Q26: The owner of legal title to the
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