True/False
Any person having the legal capacity to own and transfer property can be a trustee.
Correct Answer:
Verified
Related Questions
Q16: What is a characteristic of a precatory
Q17: What is a "pour-over trust"?
A) Implied trust
B)
Q18: What would be a better name for
Q19: What is a characteristic of the QTIP
Q20: What is a type of a marital
Q22: Corporations cannot serve as trustees.
Q23: After the trustor dies, his or her
Q24: A revocable living trust itself or its
Q25: In all states there is a presumption
Q26: A DAPT helps wealthy individuals to protect
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