Which of the Following Statements Is Correct in Relation to Certainty

question 4

Multiple Choice

Which of the following statements is correct in relation to certainty of intention to create a trust? (Think carefully)

• A) Failure to demonstrate an intention to create a trust means that either the property will stay with the settlor or, by will, passes to the intended recipients free of the trust.
• B) Precatory words, such as 'desire', will demonstrate the intention to create a trust,.
• C) The intention to create a trust is demonstrated by using the word 'trust' in the wording used by a settlor.
• D) Intention to create a trust is a matter of construction only, not a matter of evidence.

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Definitions:

C$ Strengthens

When the Canadian dollar increases in value compared to other currencies.

£0.0021

A specific monetary value in British pounds, often representing a small amount of money.

Currency Exchange Rates

The value one currency holds in the exchange for another currency.

Equivalent Amount

A quantity that is equal in value, power, or meaning to another, often used in financial contexts to compare different currencies or investment returns.