This class was created by Brainscape user Tyler Butt. Visit their profile to learn more about the creator.

Decks in this class (13)

Scope of VA UTC
What is an express trust,
What is a constructive trust,
What is a resulting trust
17  cards
Creating the trust
What are the 5 ways to create a t...,
Requirements for the creation of ...,
Requirements for the creation of ...
16  cards
Spendthrift Trusts and creditor rights
The default rule is,
Spendthrift trust,
How does a spendthrift trust work
12  cards
Revocable Trusts
Pour over trust,
Presumption of revocability,
In a revocable trust beneficiary ...
7  cards
Other Non probate items
Joint bank accounts,
Paid on death accounts,
Uniform transfers to minors act
3  cards
Trustee Duty of Loyalty
Duty of loyalty,
Under the duty of loyalty a trans...,
There is a presumption of conflic...
3  cards
Trustee Duty of Impartiality
Uniform fiduciary and principal i...,
Allocation of income,
Trust principal is
6  cards
Trustees Duty of Prudence
The uniform prudent investor act ...,
Standard of prudent investor,
No hindsight
11  cards
Breach of obligations
Remedies for breach of trust may ...,
Amount of damages,
Contribution from co trustee
4  cards
Trust Administration without judicial intervention
Transfer of principal place of ad...,
Termination of uneconomic trust s,
Preserving assets without accepti...
8  cards
Provisions protecting Trustees
Contracts,
Torts,
Investment in partnerships
4  cards
Trustee Removal
Common law grounds for removal,
Statutory grounds for trustee rem...
2  cards
Reporting and Disclosure Rules
Default rules,
Default rules for irrevocable trusts,
Waiver
3  cards

More about
Trusts

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Tyler Butt's Trusts flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

Succession and Trust
  • 25 decks
  • 590 flashcards
  • 12 learners
Decks: Head 1 Liferent Usufruct, Head 2 Succession, Head 3 Who May Inherit, And more!
Trusts
  • 14 decks
  • 325 flashcards
  • 1 learners
Decks: Formalities Cases, 3p Effect Of The Trust Cases, 3p Effects Of The Trust Rules, And more!
Make Flashcards