State and explain whether or not a trust is created in each of the following situations: a. A declares herself trustee of “the bulk of my securities” in trust for B. b. A, the owner of Blackacre,...


State and explain whether or not a trust is created in each of the following situations:


a. A declares herself trustee of “the bulk of my securities” in trust for B.


b. A, the owner of Blackacre, purports to convey to B in trust for C “a small part” of Blackacre.


c. A deposits $100,000 in a savings bank. He declares himself trustee of the deposit in trust to pay B $50,000 out of the deposit, reserving the power to withdraw from the deposit any amounts not in excess of $50,000.



Dec 09, 2021
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