MATCHING:
-A trust that may not be amended, revoked, or canceled after its creation
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
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
Q14: MATCHING:
-A savings account in which money is
Q15: Courts frequently use resulting trusts to settle
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
Q20: The Rule Against Perpetuities places a time
Q21: Which is NOT an essential element of
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