PA Bar Practice Questions - Pennsylvania Bar Examination Exam

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A grantor attempts to create a trust but fails to name any beneficiary and does not identify a charitable purpose. A court is asked whether a valid private express trust exists. What is the likely result?

No valid private express trust exists because a private trust requires ascertainable beneficiaries A valid trust exists because the grantor intended one A charitable trust is automatically created The trustee becomes the owner of the property outright

Correct Answer:

No valid private express trust exists because a private trust requires ascertainable beneficiaries

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