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The New Lawyer Q&A

May 18, 2012

Sample Question 1



I. What Interests, If Any, Does Dave Have in the Trust Assets?

Valid Trust


Under California law, a valid inter vivos trust requires: (1) a settlor with capacity (2) present intent by the settlor to create a trust, (3) transfer of property to the trust, (4) an ascertainable beneficiary to enforce the trust, (5) a lawful trust purpose that is not contrary to public policy, and (6) an appointed trustee. A Cali...

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