Question
A decedent's transfer of $12,000 to a trustee, to be held in trust for Joy, will notcreate a valid trust if: it was not supported
A decedent's transfer of $12,000 to a trustee, to be held in trust for Joy, will notcreate a valid trust if:
it was not supported by consideration
the trustee lacks capacity.
the trustee had no opportunity to renounce the trust.
if Joy is not a family member of the decedent.
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Business Law and the Regulation of Business
Authors: Richard A. Mann, Barry S. Roberts
10th edition
0324786603, 978-0324786606
