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    Business Law Text and Exercises Study Set 1
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    Exam 40: Wills and Trusts
  5. Question
    Mason Creates a Trust for His Son,Newt,the Beneficiary,to Come into Existence
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Mason Creates a Trust for His Son,Newt,the Beneficiary,to Come into Existence

Question 3

Question 3

Multiple Choice

Mason creates a trust for his son,Newt,the beneficiary,to come into existence on Mason's death.This is


A) an living trust.
B) a constructive trust.
C) a resulting trust.
D) a testamentary trust.

Correct Answer:

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