Trusts and the Statute of Wills—Creation of Testamentary TrustsSelf-Quiz
Judith bequeaths
“to Claudia in trust upon such terms as I have or may communicate
to her during my lifetime.” This is an example of
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Judith’s
will bequeaths all her assets to Maxwell, her attorney. Her daughter Claudia
protests this action, asserting that Maxwell was only holding the assets
in trust for her.
This is an example of |
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