Multiple Choice
The court may appoint or replace a trustee in all of the following circumstances EXCEPT:
A) The trustee is incompetent
B) The named trustee declines the position.
C) The trustee dies.
D) The named trustee is also a co-beneficiary.
Correct Answer:
Verified
Correct Answer:
Verified
Q17: MATCHING:<br>-The form of ownership of trust property
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
Q23: To be a settlor, a person must
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