What term describes the property held in trust?
A) Corpus
B) Gross estate
C) Beneficial estate
D) Beneficial fund
Correct Answer:
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Q1: What term describes a person holding the
Q3: What term describes the right to beneficial
Q4: Who establishes a trust?
A) Settlor
B) Benefactor
C) Supporter
D)
Q5: What trust is created by the trustor
Q6: What term describes the instrument creating a
Q7: What is a purpose of a spendthrift
Q8: What is DAPT?
A) Domestic asset protection trusts
B)
Q9: What term describes a trust established for
Q10: What Latin term means "as near as
Q11: What term describes a trust allowing the
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