The difference between a testamentary trust and a living trust is that a testamentary trust
A) is written by an attorney.
B) is created by a will.
C) exists only after probate.
D) is controlled by the heirs.
E) both B and C.
Correct Answer:
Verified
Q89: Through the portable estate exemption a surviving
Q90: The legal procedure that establishes the validity
Q91: What methods exist to avoid probate,or to
Q92: A _ is a trust that distributes
Q93: A legal entity in which you control
Q95: You know that the advantages of having
Q96: If you were to create a trust
Q97: A _ provides a directive to a
Q98: In which kind of trust can you
Q99: In some states,property that is acquired during
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