Full Description
This outline covers the trust law you will encounter in your Wills, Trusts and Estates class. Topics include the following: elements of a trust, trust creation, transfer of beneficiary's interest (including spendthrift trusts), charitable trusts (including the Cy Pres Doctrine), and a trustee's responsibilities, power, duties, and liabilities. Other topics include duties and liabilities of beneficiaries, powers to modify or revoke, termination of trusts by operation of law, resulting trusts, and constructive trusts.
