A trust is a fiduciary relationship in which the settlor holds legal title to certain property while its use and benefit belong to a trustee.
Correct Answer:
Verified
Q8: A resulting trust depends on a contract
Q9: The death of the beneficiary will generally
Q10: A minor's declaration of trust is voidable.
Q10: In order to use the money in
Q12: Creditors of the beneficiary of a spendthrift
Q14: A codicil to the will must be
Q15: In most states, there is no lower
Q15: A beneficiary may sell his interest in
Q16: If a will was burned in an
Q18: Consideration is essential to an enforceable trust.
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