Honorary Trusts
• Thompson:
• For furthering of fox hinting
• Not private trust because no beneficiary
• Not charitable – usually benefit for animals is OK, but judge doesn’t see this as for benefit of animals
• Court says its ok, but if don’t use for estate’s stated purpose the money comes back as resulting reversion trust to heirs
• Typical:
• Erection of tombs, saying of masses, benefit of specific animals (pets)
• Leave to someone wiling to perform then court will recognize but must be SPECIFIC
- Purpose can’t be capricious, overly general, or go forever (not charitable so implicates RAP)
• UPC recognizes these – 2-907b – real trusts for pets are valid
• Texas says NO – to accomplish in Texas, leave specific bequest of pet to X with general money bequest to care for it
We have located some similar legal questions and legal question categories. Check out these challenging questions that askquestions about Trusts and are similar to What are Honorary Trusts?. Also, we have included a list of some of our more popular legal question categories. These categories are based on what everyone is asking and answering.
What's Your Answer to "What are Honorary Trusts?"