A trust created by a written document is called which of the following?

A trust created by a written document is called which of the following?

• A. Implied
• B. Revocable
• C. Express
• D. Irrevocable

Answer: (C)

When a trust is formed by explicit terms laid out in a document, it’s called an express trust. The written instrument records the settlor’s clear intention to create the trust and sets forth the duties of the trustee, the beneficiaries, and the terms of the trust. This explicit declaration distinguishes it from an implied trust, which arises from actions or, sometimes, circumstances rather than a written declaration. The revocable versus irrevocable aspect speaks to whether the settlor can modify or terminate the trust, not to how the trust was created. So a trust created by a written document is best described as an express trust.

When a trust is formed by explicit terms laid out in a document, it’s called an express trust. The written instrument records the settlor’s clear intention to create the trust and sets forth the duties of the trustee, the beneficiaries, and the terms of the trust. This explicit declaration distinguishes it from an implied trust, which arises from actions or, sometimes, circumstances rather than a written declaration. The revocable versus irrevocable aspect speaks to whether the settlor can modify or terminate the trust, not to how the trust was created. So a trust created by a written document is best described as an express trust.