misc.

Question 1

honorary trusts

Answer 1

a trust which has no ascertainable beneficiaries and confers no subst. benefit on society

trustee doesn’t have to carry out settlor’s goal but has the power to

e.g. care for grave sit
care for a pet

problems

1. if not carry out intent then goes back to settlor (if alive) or to estate
2. RAP - no measuring life. stirken at outset

Question 2

totten trust

Answer 2

tentative bacnk accoucnt trust - take whatever is lief tin account

depositor / trustee owns account adn can use it for whatever they want

ISSUE words of intent can turn this account into a trust