This type of trust, once put into effect, can't be altered or amended:

« previous next »

Author Question: This type of trust, once put into effect, can't be altered or amended: (Read 40 times)

genevieve1028

Hero Member
Posts: 601

on: Mar 2, 2019

Question 1

Which of the following is one of the two types of stand-alone trusts?

◦ Lady Bird trust
◦ Testamentary trust
◦ Revocable trusts
◦ A complete trust

Question 2

This type of trust, once put into effect, can't be altered or amended:

◦ Lady Bird trust
◦ Testamentary trust
◦ Revocable trust
◦ Irrevocable trust

Wills, Trusts, and Estates Administration ¦ Herskowitz ¦ 5^th Edition

Buy Test-Bank

elyse44

Sr. Member
Posts: 319

Reply #1 on: Mar 2, 2019

Answer 1

Revocable trusts

Answer 2

Irrevocable trust

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.