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    Risk Management and Insurance
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    Exam 21: Financial and Estate Planning
  5. Question
    In Order for a Trust to Become Effective, It Is
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In Order for a Trust to Become Effective, It Is

Question 22

Question 22

Multiple Choice

In order for a trust to become effective, it is not necessary to have


A) a living donor,
B) one or more beneficiaries,
C) a trustee,
D) a transfer of property.

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