Trust Validity Quiz
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Questions and Answers

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?

  • 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?

  • 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?

    <p>To ascertain the validity of the trust</p> Signup and view all the answers

    What was the woman's connection to tennis?

    <p>She was a past Chair of a tennis club</p> Signup and view all the answers

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