Short Answer
A trust made when a settlor retains title to property and simply declares himself or herself trustee of the property for the benefit of another person
A) active trust
B) inter vivos trust
C) purchase-money resulting trust
D) failed trust
E) excessive endowment trust
F) spendthrift trust
G) sprinkling trust
H) Totten trust
I) declaration of trust
J) irrevocable living trust
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Which of the following is generally a
Q9: A living trust can decrease income taxes.
Q10: MATCHING:<br>-An express trust that can be either
Q12: Which is NOT a type of resulting
Q16: MATCHING:<br>-A trust that is declared void for
Q18: Which is NOT a requirement for an
Q19: Courts frequently use resulting trusts to settle
Q21: Which of the following is NOT a
Q27: Which trust is in the form of
Q30: A trust that provides income payments to