A[n] ________ trust is created by a court when an express trust fails and the court can imply a trust from certain behavior.
A) Real
B) Constructive
C) Resulting
D) Validating
E) Actual

Question

Quizplus · Accepted Answer

A resulting trust is created by a court when an express trust fails or does not completely dispose of the trust property, and the court implies a trust back to the settlor or the settlor's estate based on the presumed intention of the parties.

A[n] ________ Trust Is Created by a Court When an Express