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Questions and Answers
Is the trust valid?
Is the trust valid?
- Yes, because it is not capricious.
- Yes, because the son has identified people he thinks would benefit from it.
- No, because there is insufficient certainty of subject-matter. (correct)
- Yes, because it is contained in a valid will.
What was the woman's residuary estate made up of?
What was the woman's residuary estate made up of?
- Investments in tennis clubs
- Money held in various UK bank accounts (correct)
- Properties in Wales
- Her personal belongings
Why did the woman appoint her son to hold her residuary estate on trust?
Why did the woman appoint her son to hold her residuary estate on trust?
- To support the local community
- To establish a charitable foundation
- To benefit promising young tennis players in Wales (correct)
- To benefit promising young football players
Why does the son seek legal advice regarding the trust?
Why does the son seek legal advice regarding the trust?
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What was the woman's connection to tennis?
What was the woman's connection to tennis?
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