Barthomew sought to set up a half-secret trust of £30,000 in his will, with Malaki as his secret trustee, and complied with all due requirements. Malaki was under clear instructions, given at the time of the creation of the will, to hold the property for Ruth, the illegitimate daughter of Barthomew. Malaki and Barthomew had a tempestuous friendship, however, and relationships were particularly strained at the time of Barthomew's death. Barthomew died, having been told only the day before by solictor's letter that Malaki would not fulfil has wishes and revoked any trust obligations he had been placed under.
Advise Malaki.
A) Malaki is not subject to the secret trust, and may therefore keep the £30,000 himself.
B) Malaki is subject to the secret trust and must hold the £30,000 for Ruth.
C) Malaki is not subject to the secret trust, but may not keep the £30,000 himself.
D) Malaki is subject to the secret trust, but does not have to hold the property for Ruth.
Correct Answer:
Verified
Q1: It is possible for a will to
Q2: Which of the following is not a
Q3: Which of the following statements is false
Q4: Which of the following statements is true
Q5: Which of the following statements is false
Q6: Which of the following statement is true
Q7: Which of the following statements is false
Q8: Bethany, who was terminally ill, wanted to
Q9: Jeremiah validly sought to create a fully
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents