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Danica Myers
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Decks in this class (24)
classification
Express trusts,
Resulting trusts,
Constructive trusts
3
cards
Validity
Trust validity,
Intent
2
cards
property
Sufficient trust property,
Trust res,
Trust res must be segregated from...
3
cards
beneficiary
Beneficiaries,
Qualified beneficiary,
Notice to and acceptance by benef...
8
cards
Resulting Trust
Resulting trust remedy property r...
1
cards
Trustee
Trustee,
Acceptance of trusteeship,
Removal of trustee
3
cards
Inter Vivos
Inter vivos trusts
1
cards
Pour Over
Pour over gift from will to trust,
Governance of property
2
cards
Testamentary Trusts
Testamentary trusts,
Secret trust constructive trust i...,
Semi secret trust resulting trust...
3
cards
Transfer of Beneficiary interest
Voluntary transfers gifts and sales,
Involuntary transfers creditors
2
cards
Discretionary Trusts
Discretionary trusts,
Creditors rights,
Exception claims of child spouse ...
4
cards
Spendthrift Trust
Spendthrift trusts,
Creditors cannot attach beneficia...,
Assignments are unenforceable
3
cards
Support Trust
Support trusts,
Standard of support and other res...
2
cards
Modification and Termination
In general,
By terms of trust,
By the settlor
12
cards
Duty of Trustee upon termination
Wind up trust business,
Distribute to remainder beneficia...
2
cards
POWERS OF THE TRUSTEE
Joint powers,
Imperative mandatory powers
2
cards
Duties of the Trustee
Duties of the trustee,
Duty to administer trust,
Duty of loyalty
13
cards
Liabilities of the Trustee
Remedies for breach of trust,
Damages to beneficiaries for breach,
Remedies for self dealing
8
cards
Liability of third parties
Property improperly transferred t...,
Transfer to bfp cuts off benefici...,
Direct suit by beneficiaries
3
cards
Allocation od Expenses
Expenses charged to income,
Expenses charged to principal
2
cards
Charitable Trusts
Distinctive rules apply to charit...,
Cy pres
2
cards
Honorary Trust or Purpose Trust
Honorary trusts or purpose trusts,
Duration
2
cards
Resulting Trust
In general,
Circumstances giving rise to resu...,
Circumstances where resulting tru...
4
cards
Constructive Trust
Constructive trusts,
Must be requested,
Requires particular property
3
cards
More about
Trusts
- Class purpose General learning
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