Explain the formal requirements for making a valid will and the various ways in which a will may be revoked.

Trusts and Decedents’ Estates

Describe and explain the following types of trusts:
(1) express,

(2) testamentary,

(3) inter vivos,
(4) charitable,

(5) spendthrift,

(6) totten,

(7) implied,
(8) constructive, and

(9) resulting.
Describe the powers and duties of a trustee.
Explain the formal requirements for making a valid
will and the various ways in which a will may be
revoked.
Define the following types of wills:

(1) nuncupative,
(2) holographic, and

(3) soldiers’ and sailors’ wills.
Describe intestate succession and the administration
of decedents’ estates.