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6 Cards in this Set

  • Front
  • Back
TRUSTS

Level 1 - (5)
1. Creation (5)
2. Types (7)
3. Supervision (Trustee) (5)
4. Construction of Trusts (2)
5. Modification/Termination (2)
TRUSTS

Level 2 - Creation (5)
1. Intent
2. Purpose
3. Res
4. Trustee
5. Ascertainable Beneficiaries
TRUSTS

Level 2 - Type (7)
1. Testamentary
2. Pour-Over
3. Secret/Semi-Secret
4. Spendthrift/Support/Discretionary
5. Charitable
6. Honorary
7. Operation of Law
TRUSTS

Level 2 - Supervision (Trustee) (5)
1. Authority/Powers
2. Duties
3. Remedies
4. Liabilities
5. Allocation of Principal and Income
TRUSTS

Level 2 - Construction (2)
1. Alienability
2. Lapse/Anti-Lapse
TRUSTS

Level 2 - Modification (2)
1. Amendment / Revocation
2. Termination