What is merger and why is it so important in trusts

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Question: List 5 reasons the Probate Court in Texas can replace a trustee. List 3 ways a person named as trustee can decline or disclaim the position. Give 3 brief examples. List 3 ways a person named as trustee can accept the position. Give 3 brief examples. What does it mean for a trustee to be removed? List 5 reasons a trustee can be removed and give a brief example of each. What are duties of a trustee? List 6 duties and give a brief example of each. What are powers of a trustee? List 5 powers and give a brief example of each. What is the difference between powers and duties? What is a conflict of interest in a probate case? Give a brief example. How can a trustee be held liable if they are found to have breached their fiduciary duty to the beneficiaries? List 4 ways they can be held liable. How can a trust be terminated? List 3 reasons. What is merger and why is it so important in trusts? What is an express trust and what are the necessary elements? What is a private trust and what are the necessary elements?

Reference no: EM133307828

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