Multiple Choice
To be a settlor, a person must meet all of the following requirements EXCEPT:
A) Own a transferable interest in property
B) Have the right or power to dispose of a property interest
C) Act as the beneficiary
D) Have contractual capacity
Correct Answer:

Verified
Correct Answer:
Verified
Q18: MATCHING:<br>-A trust included in a will<br>A)legal title<br>B)cestui
Q19: MATCHING:<br>-A uniform law available for adoption by
Q20: The trust instrument must either specifically describe
Q21: MATCHING:<br>-The authority on trust law in most
Q22: The court may appoint or replace a
Q24: An infant may be a beneficiary of
Q25: MATCHING:<br>-The person who has the enjoyment and
Q26: Trustees must generally be paid.
Q27: Which is NOT considered valid grounds for
Q28: Which is an example of remainder beneficiary