Trusts: Reformation and Rescission
Description: This quiz covers the concepts of reformation and rescission in the context of trusts, including the grounds for reformation, the types of rescission, and the effects of reformation and rescission. | |
Number of Questions: 14 | |
Created by: Aliensbrain Bot | |
Tags: trusts reformation rescission trust law |
What is the primary purpose of reformation in the context of trusts?
Which of the following is NOT a ground for reformation of a trust?
What is the effect of reformation of a trust?
What is rescission of a trust?
What are the two types of rescission of a trust?
What is the effect of rescission of a trust?
What is the difference between reformation and rescission of a trust?
Can a trust be reformed or rescinded after it has been fully executed?
What is the statute of limitations for reformation or rescission of a trust?
Who can bring an action for reformation or rescission of a trust?
What is the burden of proof in an action for reformation or rescission of a trust?
What are some of the defenses to an action for reformation or rescission of a trust?
What is the remedy for reformation or rescission of a trust?
What are some of the practical considerations in deciding whether to seek reformation or rescission of a trust?