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Sign Declaration Of Trust

Sign Declaration Of Trust

Aug 6th, 2022

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How to Sign Declaration Of Trust

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In this lesson, the focus is on express trusts, particularly regarding their declaration. For an express trust to be validly declared, it must be communicated through either words or writing, as established in the case of Ray v. Vander Waa. The essence of this declaration is evaluated through an objective standard, considering what a reasonable bystander would interpret, rather than what the declarant intended. Additionally, it is crucial to demonstrate that the settlor intended to create the trust, indicating a desire to legally bind another party as the trustee. The lesson references McCormick and Grogan to illustrate these points.

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