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6 building blocks · blurt the topic, then mark it block by block against the answer key.
Topic preview
Preview the first part of the topic. Unlock SQE1 FLK2 Playbook to answer prompts, get marked against the answer key, repair gaps, and carry the topic into review.
6 of 6 shown
Why must the transaction be classified before assessing capacity to make a gift, create a trust, deal with land or make a will?
What must a settlor understand about the nature and effect of a disposition to have capacity to create a valid trust?
How can vulnerability, illness, influence and timing help prove or challenge a settlor’s capacity when a trust was created?
Why must capacity be assessed separately from certainty, constitution and undue influence?
What follows if the settlor lacked capacity, and why may no further trust-validity analysis be needed?
How should an elderly settlor’s understanding of the nature and effect of transferring most of their wealth into a trust after an illness be assessed before certainty, constitution or undue influence?
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