The Bar Exam Toolbox Podcast: Pass the Bar Exam with Less Stress

340: Listen and Learn -- Trust Formation and Administration

The Bar Exam Toolbox Podcast: Pass the Bar Exam with Less Stress

Show Notes

Welcome back to the Bar Exam Toolbox podcast! This episode of our "Listen and Learn" series explains the fundamentals of trust formation and administration, covering the requirements for creating both private and charitable trusts. In this episode, we discuss: The different types of trusts Requirements for creating an express private trust Charitable trusts Duties owed by the trustee Two hypotheticals illustrating how trusts are created and administered Resources: "Listen and Learn" series (https://barexamtoolbox.com/bar-exam-toolbox-podcast-archive-by-topic/bar-exam-toolbox-podcast-explaining-individual-mee-and-california-bar-essay-questions/#listen-learn) California Bar Examination – Essay Questions and Selected Answers, February 2012 (https://www.calbar.ca.gov/sites/default/files/portals/0/documents/admissions/CBXFeb2012_SelectedAnswers_R.pdf) Podcast Episode 27: Tackling and MEE Question: Wills and Trusts (https://barexamtoolbox.com/podcast-episode-27-tackling-an-mee-question-wills-and-trusts/) Podcast Episode 75: Tackling a California Bar Exam Essay: Trusts (https://barexamtoolbox.com/podcast-episode-75-tackling-a-california-bar-exam-essay-trusts/) Podcast Episode 102: Listen and Learn – The Statute of Frauds (https://barexamtoolbox.com/podcast-episode-102-listen-and-learn-the-statute-of-frauds/) Podcast Episode 201: Listen and Learn – Rule Against Perpetuities (Property Law) (https://barexamtoolbox.com/podcast-episode-201-listen-and-learn-rule-against-perpetuities-property-law/) Podcast Episode 250: Listen and Learn – Present and Future Estates (Part 1) (https://barexamtoolbox.com/podcast-episode-250-listen-and-learn-present-and-future-estates-part-1/) Podcast Episode 251: Listen and Learn – Present and Future Estates (Part 2) (https://barexamtoolbox.com/podcast-episode-251-listen-and-learn-present-and-future-estates-part-2/) Podcast Episode 326: Listen and Learn – Intestate Distribution (Wills and Trusts) (https://barexamtoolbox.com/podcast-episode-326-listen-and-learn-intestate-distribution-wills-and-trusts/) SpacedRepetition.com (https://spacedrepetition.com/)

Download the Transcript (https://barexamtoolbox.com/episode-340-listen-and-learn-trust-formation-and-administration/) If you enjoy the podcast, we'd love a nice review and/or rating on Apple Podcasts (https://itunes.apple.com/us/podcast/bar-exam-toolbox-podcast-pass-bar-exam-less-stress/id1370651486) or your favorite listening app. And feel free to reach out to us directly. You can always reach us via the contact form on the Bar Exam Toolbox website (https://barexamtoolbox.com/contact-us/). Finally, if you don't want to miss anything, you can sign up for podcast updates (https://barexamtoolbox.com/get-bar-exam-toolbox-podcast-updates/)! Thanks for listening! Alison & Lee

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