Purposes and benefits.

  1. Law
  2. Maryland Code
  3. Estates and Trusts
  4. Maryland Trust Act.
  5. Creation, Validity, Modification, and Termination of Trust.
  6. Purposes and benefits.

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    (a)    A trust may be created only to the extent that the purposes of the trust are lawful, not contrary to public policy, and possible to achieve.

    (b)    A trust and the terms of the trust shall be for the benefit of the beneficiaries of the trust.


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