1. With respect to a noncharitable purpose trust, see generally Adam J. Hirsch, Bequests for Purposes: A Unified Theory;Jeffrey A Cooper;With respect to diversification, compare John H. Langbein, Essay, Burn the Rembrandt? Trust Law's Limits on the Settlor's Power to Direct Investments, 90 B.U. L. REV,1999
2. Jurisdictional Competition for Trust Funds: An Empirical Analysis of Perpetuities and Taxes, 115 YALE L;See Robert;J,2005