If Hana pays the purchase price for property and takes title in the name of Thalia,a constructive trust is formed with Thalia being treated as the trustee.
Correct Answer:
Verified
Q25: A will entirely in the handwriting of
Q26: The person holding legal title to the
Q27: The executor or administrator occupies a fiduciary
Q28: An attorney receives a check from the
Q29: Under the UPC,a person must be what
Q31: The terms in codicils always override the
Q32: An express trust is:
A) established by law
Q33: Taxes are imposed at death by the
Q34: A totten trust involves a bank account
Q35: Under most intestate succession laws,a stepchild will
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents