Which of the following is not an element of a trust?

Name: Which of the following is not an element of a trust?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A gift is not an element of a trust. Rather, a gift may be transferred to a trust as part of the trust property. The elements of a trust include a trustee, a beneficiary, a settlor, trust property, and the trust instrument or agreement that sets forth the terms and conditions of the trust.

Which of the Following Is Not an Element of a Trust