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This lesson on express trusts focuses on the specific concept of declaration. In order for a trust to be properly declared, it must be in words or in writing, as discussed in the case of Ray van der Waals trust. The key point is that the focus is on the reasonable bystander's interpretation, not the speaker's intention. Additionally, it is important to show that the settlor intended to legally bind another party as the trustee of the trust, as seen in McCormick and Grogan.