True/False
Generally, anyone can be a trustee provided they are 18 years old and of sound mind.
Correct Answer:
Verified
Related Questions
Q10: How many requirements does a settlor have
Q11: Which two of the following stages are
Q12: The rules against perpetuity exist to ensure
Q13: The trust is set up provided that
Q14: Constitution of a trust means that the
Q15: Once the trust is set up, the
Q16: An express trust can be declared of
Q17: Personalty consists only of freehold land?
Q19: What is the maximum number of trustees
Q20: In which case was it considered that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents