Which of the following is not a characteristic of a trust?
A) A trust can only exist in relation to specific property (real or personal) .
B) A trustee cannot also be a beneficiary under a trust.
C) A trust can only exist for legal persons who must be able to enforce the duties under a trust.
D) Legal title must be vested in trustees.
Correct Answer:
Verified
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Q12: Connie and Prunella are the adult beneficiaries
Q13: Which of the following statements is true
Q14: Which of the following statements is true?
A)
Q15: Which of the following statements is false?
A)
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