Extinction of a Trust.
CS Professional · Drafting, Appearances and Pleadings · PYQS · June 2018
Extinction of a Trust.
Answer & Explanation:
A trust is extinguished: when its purpose is completely fulfilled; or when its purpose becomes unlawful; or when the fulfilment of its purpose becomes impossible by destruction of the trust property or otherwise; or when the trust, being revocable, is expressly revoked.
Topics: Trusts
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