Summary

• Jurisdiction: Washington

Chapter Details

Summary

§2.1	Introduction
§2.2	Trusts-Creation of Interest
(1) Title Held by Trustee (2) Formalities Relating to Transfer to Trustee (a) Express Trust (b) Resulting Trust (c) Constructive Trust (d) Notice of existence
§2.3	Trusts-Duties of Trustee While Holding Property
(1) Fiduciary Responsibilities (a) Duty of Loyalty (b) Duty to Account and to Inform (c) Duty to Avoid Conflicts of Interest (2) Powers of Trustee (3) Significant Nonroutine Transactions (4) Standards for Investments (a) Management Approach (b) Skills Required of Trustee (5) Principal and Income Act
§2.4	Trusts-Sale by Trustee
§2.5	Ownership of Real Property by a Guardian
§2.6	Ownership of Real Property by Personal Representative
§2.7	Sale of Real Property During Estate Administration
(1) Sales Pursuant to Nonintervention Powers (a) Authority of Personal Representative with nonintervention powers (b) Notice Procedures (c) Title Report (d) Real Estate Listing Agreements (2) Sales Not Pursuant to Nonintervention Powers (a) Authority of Personal Representative without nonintervention powers (b) Sales Procedures (i) Public Sale (ii) Private Sale (iii) Court Confirmation of Sale

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