Module 5: Trusts in Practice
The earlier modules covered what a trust is and what a trustee owes. This module looks at how trusts are actually used and where they run into limits — trusts as substitutes for wills, trusts that fail for want of funding, protection from creditors, powers that let someone else choose who takes, and the old rule that stops a settlor from controlling property forever. Every section below is pre-written and deterministic; nothing is AI-generated.
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This course teaches general legal principles of equity and trust law using original hypothetical scenarios. It does not provide legal advice about any specific situation and does not create an attorney-client relationship. For advice about your own circumstances, consult a licensed attorney.