Turn to this reference for all the major aspects of the law of trusts. Topics include trust intent, trust property, trustee, beneficiary, and the nature of the beneficiary's interest. Explores formalities for creation of inter vivos trusts, statute of frauds, and wills acts. Covers different types of trusts including charitable, resulting, constructive, illegal, and spendthrift and related trusts. Provides information on future interests rules involved in creation of trusts; initiating, identifying and defending the trust; standard of care and investments; trustee powers and distributions; delegation to agents and co-trustees; and duty of loyalty/self-dealing. Plus, contract and tort liability, allocation of burdens and benefits to principal or income, records, accounting and fees, and many other trust related issues.
Dallin Harris Oaks is an American attorney, jurist and religious leader. Since 1984, he has been a member of the Quorum of the Twelve Apostles of The Church of Jesus Christ of Latter-day Saints (LDS Church). He is a former professor of law at the University of Chicago Law School, a former president of Brigham Young University, and a former justice of the Utah Supreme Court. In the 1970s and 1980s, Republican U.S. presidential administrations considered him as a potential nominee to the United States Supreme Court. Currently, he is the second most senior apostle among the ranks of the Church.