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Trusts: Cy-Pres Doctrine
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Multiple Choice
What is the primary purpose of the Cy-Pres Doctrine?
- To allow the court to modify the terms of a trust to achieve the settlor's original intent.
- To allow the court to terminate a trust if it is no longer serving its original purpose.
- To allow the court to appoint a new trustee if the original trustee is unable or unwilling to serve.
- To allow the court to distribute the trust assets to the beneficiaries if the trust is no longer valid.