Author Question: Proper use and funding of a revocable living trust can avoid the necessity of a ___________ probate ... (Read 48 times)

plus1 · **on:** Aug 3, 2018

Proper use and funding of a revocable living trust can avoid the necessity of a ___________ probate proceeding upon the trustor's death.

Fill in the blank(s) with correct word

Question 2

Every type of trust must contain the following five components in order to be valid: 1) trustor/donor/settlor (the creator of the trust); 2) a trustee; 3) trust ___________; 4) one or more beneficiaries; and 5) a trust purpose.

Fill in the blank(s) with correct word