DECLARATION OF TRUST (Nov. 9, 1942) (emphasis added). Thus, the UEP trust document states that the signers of the instrument became trust members and associated "for purposes of being CESTI QUE TRUSTENTS of the TRUST." CESTUI QUE TRUSTE are "[t]he beneficiar[ies] of a TRUST." Blacks Law Dictionary 229 (6th ed. 1990). From its inception, the TRUST benefitted specific individuals. Therefore, the trial court erred in concluding that the trust had no specific beneficiaries and was charitable. The trial court also relied on several other factors
DECLARATION OF TRUST (Nov. 9, 1942) (emphasis added). Thus, the UEP trust document states that the signers of the instrument became trust members and associated "for purposes of being
CESTI QUE TRUSTENTS of the TRUST." CESTUI QUE TRUSTE are "[t]he beneficiar[ies] of a TRUST." Blacks Law Dictionary 229 (6th ed. 1990). From its inception, the TRUST benefitted specific individuals.
Therefore, the trial court erred in concluding that the trust had no specific beneficiaries and was charitable. The trial court also relied on several other factors
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