A trust may be created only to the extent its purposes are lawful, not contrary to public policy, and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries.
(Mar. 10, 2004, D.C. Law 15-104, § 2(b), 51 DCR 208.)
Uniform Law: This section is based upon § 404 of the Uniform Trust Code.
Structure District of Columbia Code
Title 19 - Descent, Distribution, and Trusts. [Enacted title]
Chapter 13 - Uniform Trust Code
Subchapter IV - Creation, Validity, Modification, and Termination of Trust
§ 19–1304.01. Methods of creating trust
§ 19–1304.02. Requirements for creation
§ 19–1304.03. Trusts created in other jurisdictions
§ 19–1304.05. Charitable purposes; enforcement
§ 19–1304.06. Creation of trust induced by fraud, duress, or undue influence
§ 19–1304.07. Evidence of oral trust
§ 19–1304.08. Trust for care of animal
§ 19–1304.09. Noncharitable trust without ascertainable beneficiary
§ 19–1304.10. Modification or termination of trust; proceedings for approval or disapproval
§ 19–1304.11. Modification or termination of noncharitable irrevocable trust by consent
§ 19–1304.14. Termination of uneconomic trust
§ 19–1304.15. Reformation to correct mistakes
§ 19–1304.16. Modification to achieve settlor’s tax objectives