Edie was appointed executor of Don’s estate. Ted was appointed trustee of a trus

Question

Edie was appointed executor of Don’s estate. Ted was appointed trustee of a trust as directed in Don’s Will, for the benefit of Don’s minor children, Chip and Dale. Gary was appointed Guardian over these children. Who above is a fiduciary? A. Edie and Ted B. Edie, Ted, and Gary C. Chip and Dale D. All of these
To remain Valid, the above trust must generally continue to have all of the following except A. a trustee B. a living settlor C. property D. at least one beneficiary
The above trust is generally subject to the A. cy près doctrine B. rules against perpetuities C. both a and b are correct D. none of these    Edie was appointed executor of Don’s estate. Ted was appointed trustee of a trust as directed in Don’s Will, for the benefit of Don’s minor children, Chip and Dale. Gary was appointed Guardian over these children. Who above is a fiduciary? A. Edie and Ted B. Edie, Ted, and Gary C. Chip and Dale D. All of these
To remain Valid, the above trust must generally continue to have all of the following except A. a trustee B. a living settlor C. property D. at least one beneficiary
The above trust is generally subject to the A. cy près doctrine B. rules against perpetuities C. both a and b are correct D. none of these    Who above is a fiduciary? A. Edie and Ted B. Edie, Ted, and Gary C. Chip and Dale D. All of these
To remain Valid, the above trust must generally continue to have all of the following except A. a trustee B. a living settlor C. property D. at least one beneficiary
The above trust is generally subject to the A. cy près doctrine B. rules against perpetuities C. both a and b are correct D. none of these   

Explanation / Answer

1. Answer for this question is B. Edie, Ted and Gary.

2. Answer for this question is A. a trustee.

3. Answer for this question is C. both a and b are correct.

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