A trust established by your will that becomes effective upon your death is called a(n) ____________ trust.
A) testamentary
B) living
C) general
D) formal
E) insurance
Correct Answer:
Verified
Q58: A will is:
A)a legal arrangement through which
Q59: In estate planning, if you are married:
A)you
Q60: There is no tax levied on the
Q61: In a basic will the clause that
Q62: You should review your will if:
A)you move
Q64: A(n) _ trust is a property management
Q65: At death, it is necessary to _.
A)to
Q66: Under what type of ownership is the
Q68: A documentary agreement between spouses before marriage
Q105: A legal document authorizing someone to act
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