A. There must be a declaration of intention to create a trust
B. The purpose of trust be specified
C. The beneficiary and the trust property be identified
D. The property is physically transferred to the trustee
Answer: Option D
This Question Belongs to Law >> Indian Trusts Act
Which one of the following is not necessary for the creation of trust?
A. The author of trust
B. Trustee
C. Legal representative
D. Beneficiary
A. In rem
B. In personam
C. In rem in general but in personam in exceptional cases
D. In rem in exceptional cases but in personam in general
Trustees may be appointed except
A. Under a power contained in the instrument of trust
B. By the consent of the beneficiary
C. By the Court
D. Under a statutory power
The Indian Trust Act shall apply to
A. The law relating to private trusts and trustees
B. Mutual relations of the members of an undivided family
C. Public or private religious or charitable endowments
D. Trusts to distribute prizes taken in war among the captors
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