What term describes a trust established for express charitable purposes?
A) Community trust
B) Beneficial trust
C) Civic trust
D) Public trust
Correct Answer:
Verified
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)
Q10: What Latin term means "as near as
Q11: What term describes a trust allowing the
Q12: What is included in a spray trust?
A)
Q13: What allows trust beneficiaries to withdraw the
Q14: What term describes a trust arising when
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