Which of the following is not a requirement for the formation of a valid trust?

A) Conveyance of specific property
B) Proper purpose
C) Legal capacity
D) Appointment of trustee

Valid Trust

A trust that fulfills all legal requirements, ensuring its enforceability and the legal protection of the assets and beneficiaries involved.

Conveyance

The legal process of transferring property from one owner to another.

Legal Capacity

Refers to the ability of an individual or entity to enter into legally binding contracts, recognizing their rights and responsibilities.