2.The key difference between this type of trust and other trusts is that the beneficiaries must be willing to talk openly with their grantors regarding how they want the money invested or handled.
3.Fee simple determinable, also called a determinable fee, is an estate that automatically ends on the happening of a stated event and goes back to the grantor.
4.Fee simple subject to condition subsequent is created when the grantor retains the power to terminate the estate of the grantee upon the happening of a specified event.
5.Upon the happening of the event stated in the conveyance, the estate of the grantee continues until the grantor exercises her power of termination by bringing suit or making reentry.
6.If the blood descendants of the original owner run out, the property is returned to the original grantor or his heirs, or to any holder of the remainder named in the grant creating the fee tail.