Trusts and Estates

This class was created by Brainscape user L P.

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Decks in this class (20)

A. Trust Creation
What are the 7 elements of a vali...,
Will a trust fail because trustee...,
Will a trust instrument signed du...
8  cards
B. Types of Trusts
Revocable irrevocable trust what ...,
Revocable irrevocable trust when ...,
Pour over provision what is a pou...
10  cards
D. Cy Pres Doctrine
What is a cy pres to what types o...,
When will majority of courts pres...
2  cards
E. Restraints on Alienation and Rights of Creditors
Spendthrift trust what is a spend...,
Spendthrift trust when is a spend...,
Spendthrift trust what are the fi...
5  cards
F. Powers of Invasion
Can a trustee use or invade trust...
1  cards
G. Modification of Trust
What is the majority view in term...
1  cards
H. Termination of Trust
What are instances in which trust...,
Under utc how can settlor amend o...,
What trust and will provisions ar...
3  cards
I. Powers and Duties of Trustees
While the trustee is alive to who...,
In a revocable trust when does th...,
What are three principles trustee...
8  cards
J. Future Interests
What is required for a future int...
1  cards
K. Powers of Appointment (i.e. power of appointing the property)
When does a person have a power o...,
What is general power of appointm...,
Is a general residuary clause suf...
5  cards
L. Rule Against Perpetuities/Class Gifts
What is a class gift 1,
What is the rule of convenience 2,
When class gift is involved how d...
3  cards
A. Intestate Succession (ie succession without a will)
What is issue 1,
If decedent leaves only a survivi...,
If decedent leaves no surviving s...
5  cards
B. Will Execution Requirements
What are three main requirements ...,
Can an improperly executed will e...,
Is a will with an interested witn...
6  cards
C. Incorporation by Reference
How can writing be incorporated i...
1  cards
D. Revocation of Will
How to revoke a will by physical ...,
What happens to a will revocation...,
When will elements of previous wi...
4  cards
E. Revival
Is an earlier will revived if a s...
1  cards
G. Distribution of Property
Does a beneficiary listed in a wi...,
For distribution purposes when is...,
If the decedend dies intestate eg...
5  cards
H. Construction Problems
Are gifts to heirs during a testa...,
How to handle cases where there i...,
If a portion of the residuary est...
10  cards
K. Gifts to Children, L. Family Protection
What is the modern view of how to...,
If a child is unintentionally lef...
2  cards
M. Will Contests
Who has the burden of showing tha...,
How to define undue influence how...,
For life insurance purposes is a ...
3  cards

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Trusts and Estates

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