Multiple Choice
MATCHING:
-A trust that is declared void for reasons other than that it has an illegal objective
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
Q11: The law will permit a public trust
Q12: Charitable trusts, as public trusts, must benefit
Q13: MATCHING:<br>-A trust that may not be amended,
Q14: MATCHING:<br>-A resulting trust in which property is
Q15: The money in a Totten trust is
Q17: On the death of the settlor, a
Q18: Which is NOT a subcategory of express
Q19: Courts frequently use resulting trusts to settle
Q20: MATCHING:<br>-A savings account in which money is
Q21: Which is NOT a requirement for an