State whether or not a trust is created in given situations

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Reference no: EM131391064

State whether or not a trust is created in each of the following situations:

a. A declares herself trustee of ‘‘the bulk of my securities'' in trust for B.

b. A, the owner of Blackacre, purports to convey to B in trust for C ‘‘a small part'' of Blackacre.

c. A owns ten bonds. He declares himself trustee for B of such five of the bonds as B may select at any time within a month.

d. A deposits $100,000 in a savings bank. He declares himself trustee of the deposit in trust to pay B $50,000 out of the deposit, reserving the power to withdraw from the deposit any amounts not in excess of $50,000.

Reference no: EM131391064

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