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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Smith and Robersons Business Law
Authors: Richard A. Mann, Barry S. Roberts
16th edition
978-1285428253, 1285428250, 978-1305176614, 1305176618, 978-0357700310, 978-0538473637
