A Trust

Multiple Choice

A trust:

A) is a fiduciary relationship in which one person holds both legal and equitable title to property which is the subject matter of the trust.
B) may take effect only during the lifetime of the person creating the trust.
C) may be created by such words as "I leave [certain property] to Swigert in full confidence and hope that Swigert will care for Adamson."
D) may not be created "to benefit and maintain Southside Park," since this purpose would be too vague to be enforceable.