Which Is NOT an Essential Element of an Express Trust

question 23

Multiple Choice

Which is NOT an essential element of an express trust?

• A)A charitable purpose must be expressly designated.
• B)The settlor must transfer sufficiently identified property to the trust.
• C)The settlor must intend to create a private trust.
• D)A beneficiary of the trust must be named.

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Definitions:

Constitutional Amendments

Changes or additions to a constitution, typically to address societal shifts or correct oversights.

Fourth Amendment

A provision in the U.S. Constitution that guards against unreasonable searches and seizures, ensuring the right to privacy.

Booking

The process of entering a suspect’s name, offense, and arrival time into the police log blotter following his or her arrest.

Holding Facility

A holding facility is a secure location where individuals are temporarily kept, such as detainees awaiting trial, processing, or transfer to another location.