Restatement of the Law, Second: Trusts. Tentative Draft No. 2-4: Submitted by the Council to the Members for Discussion at the Thirty-second Annual Meeting May 18, 19, 20 and 21, 1955-57, Issue 4 |
From inside the book
Results 1-3 of 8
Page 1
... Power to Revoke , Modify or Control . Where an interest in the trust property is created in a beneficiary other than the settlor , the disposition is not testamentary and invalid for failure to comply ... Power to Revoke, Modify or Control.
... Power to Revoke , Modify or Control . Where an interest in the trust property is created in a beneficiary other than the settlor , the disposition is not testamentary and invalid for failure to comply ... Power to Revoke, Modify or Control.
Page 2
... power of revocation by will as well as during his lifetime . If the settlor reserves a power to revoke the trust , it is a question of interpretation to be determined in view of the language used and of all the circumstances whether he ...
... power of revocation by will as well as during his lifetime . If the settlor reserves a power to revoke the trust , it is a question of interpretation to be determined in view of the language used and of all the circumstances whether he ...
Page 5
... power to revoke and modify the trust is not invalid for failure to comply with the requirements of the Statute of Wills merely because the purpose of the settlor in creating the trust was to avoid the requirements of the Statute of ...
... power to revoke and modify the trust is not invalid for failure to comply with the requirements of the Statute of Wills merely because the purpose of the settlor in creating the trust was to avoid the requirements of the Statute of ...
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Common terms and phrases
accrued administration American Law Institute apply the property authorized bank beneficiary entitled breach of trust charitable intention charitable purposes charitable trust creation cy pres declares himself trustee deposit designated period devised or bequeathed devisee or legatee directed distribution doctrine of cy duty to sell earnings entitled to income erty fall in value ficiary HARRISON TWEED held in trust insured interest loss manifested an intention Massachusetts rule Members modify the trust otherwise provided owner of property particular purpose pay the income pay the principal payable payment period and thereafter power to revoke proceeds prop reach the trust reserves power revoke or modify rise in value rule against perpetuities Scott on Trusts securities shares of stock spendthrift trust statute Tentative Trust Testamentary Disposition third person tion tort trust estate trust funds trust instrument trust is created trust is invalid trust property trust to pay Trusts 2d valid wasting property York