Trust Administration

Question 1

Duty to invest prudently

Elements

Answer 1

1) Duty to keep trust productive
2) duty to balance return with potential risk
3) Duty to diversify investment
4) duty not to commingle.

Question 2

Trust

Class Gift

Answer 2

1) this trust has no living beneficiary, but it is ok.
* they don’t need to be alive.

2) Who enforces as we wait?
* A Gardian at time

3) What happens if no kids?
* it will go back to her estate, and her heirs.