MATCHING:
-A savings account in which money is deposited in the depositor's name as trustee for another person named as beneficiary and is payable upon the death of the depositor
A) active trust
B) inter vivos trust
C) purchase-money resulting trust
D) failed trust
E) excessive endowment trust
F) spendthrift trust
G) sprinkling trust
H) Totten trust
I) declaration of trust
J) irrevocable living trust
Correct Answer:
Verified
Q9: If a settlor wishes to see how
Q10: The law will permit a public trust
Q11: On the death of the settlor, a
Q12: MATCHING:
-An express trust that can be either
Q13: The money in a Totten trust is
Q15: Courts frequently use resulting trusts to settle
Q16: MATCHING:
-A trust that may not be amended,
Q17: MATCHING:
-A trust made between living persons
A)active trust
B)inter
Q18: MATCHING:
-A trust made when a settlor retains
Q19: MATCHING:
-A trust for which the trustee has
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