Question:
K transfers property of which he is the owner to L in trust for K and his intended wife successively for their lives, and, after the death of the survivor, for the eldest son of the intended marriage for life, and after his death for K's second son. What is the effect of the interest so created for the benefit of the eldest son?
K transfers property of which he is the owner to L in trust for K and his intended wife successively for their lives, and, after the death of the survivor, for the eldest son of the intended marriage for life, and after his death for K's second son. What is the effect of the interest so created for the benefit of the eldest son?
Updated On: Aug 5, 2024
- It may take effect depending upon the circumstances.
- The court has to decide.
- It does take effect.
- It does not take effect.
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The Correct Option is D
Solution and Explanation
The correct option is (D):It does not take effect.
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