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Which of the Following Statements Is True in Relation to the Potential

Question 3

Multiple Choice

Which of the following statements is true in relation to the potential objects of a trust or power?


A) The objects of a trust need to be specified with certainty, as a trust obligation must be carried out; the objects of a power need not as a power is discretionary.
B) The objects of both a trust and a power must be specified with sufficient certainty.
C) The donee or trustee of the power or trust can decide who should benefit, so there is no need to specify the objects.
D) The only purpose of specifying the objects of a trust or power is so that the potential objects know that they may benefit.

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