Multiple Choice
The form of ownership of trust property held by the trustee and giving him or her the right to control and manage the property for another's benefit
A) legal title
B) cestui que trust
C) equitable title
D) testamentary trust
E) trust agreement
F) principal
G) income
H) Restatement of the American Law of Trusts
I) Uniform Trust Code
J) parol evidence
Correct Answer:

Verified
Correct Answer:
Verified
Q8: MATCHING:<br>-A contract, made between and signed by
Q10: Which is an invalid trust combination?<br>A)The settlor
Q10: MATCHING:<br>-The right of the beneficiary to receive
Q12: Which duty prohibits a trustee from personally
Q13: MATCHING:<br>-Oral testimony or written evidence<br>A)legal title<br>B)cestui que
Q13: Which is NOT considered valid grounds for
Q14: Which is NOT an essential element of
Q16: Beneficiaries of a trust must be defined
Q24: An infant may be a beneficiary of
Q30: The settlor's retention of control over the