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0 tracked cards Supplemental - Not MEE July 2026

Sam signed a document stating, "I intend to create a trust for my cousin Rita. I will transfer some property to Trustee when I decide what property to use." Sam never transferred property to Trustee and never identified any asset as trust property.
What is the best reason no trust was created?

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The trust fails for lack of trust property. The trust is valid only if the trustee signs first. The trust is valid because good intentions replace the need for property. The trust is valid because a promise to fund a trust someday is always enough.

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