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      Question

      Under the Indian Trusts Act, 1882, what happens if the

      trustee dies or becomes incapable of acting?  
      A The trust is automatically terminated Correct Answer Incorrect Answer
      B The beneficiaries must manage the trust themselves Correct Answer Incorrect Answer
      C A new trustee may be appointed as per the trust deed or by the court Correct Answer Incorrect Answer
      D The settlor resumes control over the trust property Correct Answer Incorrect Answer
      E The trust property is distributed among the beneficiaries Correct Answer Incorrect Answer

      Solution

      Section 73 and 74 of the Act allows the appointment of a new trustee if an existing trustee dies, becomes incapable of acting, or is removed. This can be done according to the provisions of the trust deed or through a court order.  

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