Practice question
The court creates a permanent trust of adjudged escheated property for the prescribed public benefit, using income rather than consuming principal. An objector says Section3 invariably requires immediate outright spending. Which is correct?
- The rule expressly permits the permanent-trust arrangement
- All trust arrangements are forbidden
- Only the objector’s preference governs
- The beneficiary must destroy the principal
- Escheat can never support public purposes
Legal references
- Rules91,93,97 and102, relevant continuing provisions: https://lawphil.net/courts/rules/rc_72-109_proceedings.html
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