Fred and Wilma Flintstone created a family trust (the Flintstone Family Trust), and place their home in the trust as the primary means of funding the trust. Fred and Wilma name their friends, Barney and Betty Rubble as trustees of the Flintstone Family Trust, and Fred and Wilma's daughter, Pebbles as the beneficiary. After completing the trust, Fred and Wilma have ___________ interest in their home.

Group of answer choices

no legal or equitable

an equitable interest, but no legal

ALL of the answers are correct

a legal interest, but no equitable

Mitzi Gabor creates a revocable trust for her substantial estate, naming her long-time companion and accountant, S.L. Imey, as trustee and her four children and nine grandchildren (all named) as beneficiaries. The trust contains terms the call for delayed distributions to the beneficiaries over a period of years. Mitzi dies and Mr. Imey continues in his role as trustee. When the beneficiaries insist, he reluctantly provides a partial accounting and the beneficiaries see evidence of mismanagement of the trust estate (e.g. selling off stock below value to friends, mismanagement of real property leading to diminution in value, selling a property to himself for his own business, etc.]. Which of the following legal remedies against Mr. Imey is available to the beneficiaries?

Group of answer choices

All of the answers are correct

an injunction against the sale of the property or stocks

removal of the trustee through the court

civil lawsuit seeking reimbursement to the trust for losses caused by the trustee's breaches

Fred and Wilma Flintstone created a family trust (the Flintstone Family Trust), and place their home in the trust as the primary means of funding the trust. Their intent is to avoid probate by putting all of their assets (bank accounts, property, stocks and bonds) into the trust so when they die their daughter, Pebbles, can receive all of their property without going through probate. Fred and Wilma name their friends, Barney and Betty Rubble as trustees of the Flintstone Family Trust, and Pebbles as the beneficiary. In this situation, Barney and Betty Rubble have _____________ title whereas Pebbles Flintstone has _________ title to the trust property.

Group of answer choices

equitable, legal

revocable, constructive

legal, equitable

revocable, irrevocable

Richie Rich created a revocable trust for his substantial real estate portfolio. He wishes to leave his real estate empire to charity when he dies. However, for now, he wants to retain control so the portfolio can continue to grow under his careful stewardship. He therefore names himself as the trustee, with multiple incorporated charities as beneficiaries. Richie Rich's decision to retain control over his trust exposes him to:

Group of answer choices

NONE of the answers are correct

tax liability for the trust income

liability for trust losses from bad investments

claims of self-dealing

Josephine is a resident in a nursing home recovering from hip surgery. She is 87-years-old, but has not suffered from demntia or alzheimer's disease like many of her fellow residents. Her only daughter died several years ago, leaving two grandchildren (Roger and Fiona), and three great-grandchildren (Fiona's children). Fiona lives in New York with her husband and is an elementary school teacher. With Covid, Fiona has been unable to visit Josephine although the women frequently face-time. Roger lives locally and has visited his grandmother sporadically. He convinces his grandmother that her home (real property) is falling into severe disrepair and he has seen notices of abatement from Code Enforcement. He tells Josephine if she does not want to lose her home she needs to put the house in a trust and name Roger and Fiona as co-beneficiaries and Roger's realtor friend (Harvey Mudd) as trustee so they can save the home. Josephinedoes not trust Roger, butfeels pressured to take action to save her home which she knows has been standing vacant for some time. Josephine later learns Roger intended to take all of the proceeds once Harvey sold the house (against Josephine's wishes). Josephine wants to revoke/cancel/invalidate the trust. Herbest argument is:

Group of answer choices

invalid beneficiaries

invalid trustee

duress

undue influence

Fred and Wilma Flintstone created a family trust, and place their home in the trust as the primary means of funding the trust. Their intent is to avoid probate by putting all of their assets (bank accounts, property, stocks and bonds) into the trust so when they die their daughter, Pebbles, can receive all of their property without going through probate. Underthese facts, Fred and Wilma are the ____________ of the trust.

Group of answer choices

beneficiaries

trustees

settlors

administrators