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November 25, 2022

What is the cy-pres doctrine and to which trusts does this apply

28. What is the cy-pres doctrine and to which trusts does this apply? 29. Give a brief example of when the cy pres doctrine would apply. 30. What is an active trust? In Texas, what determines if a trust is active? 31. What is the difference between an intervivos trust and a testamentary trust? Give a brief example of each. 32. List 4 reasons a trust can be created and give brief examples. 33. List 2 restrictions on trusts. What do you think is the reason for this? 34. List 3 benefits to a revocable living trust. 35. List 5 responsibilities involved in trust administration.

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