This topic contains a solution. Click here to go to the answer

Author Question: Because most trustors tend to maintain all of the control of their assets during their lifetimes, ... (Read 25 times)

cookcarl

  • Hero Member
  • *****
  • Posts: 539

Question 1

If the trust is revocable, the trustor has the right to change, amend, or terminate the trust at any time as long as:


◦ The trustor is free from any legal disability and remains of sound mind
◦ The trustor consults with an attorney
◦ The trustor consults with the beneficiaries
◦ The trustor applies for the changes through probate court

Question 2

Because most trustors tend to maintain all of the control of their assets during their lifetimes, they do not get to:


◦ See the happiness their gifts given the beneficiaries
◦ See any tax savings
◦ Downsize
◦ Reduce their stress


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by cookcarl on Mar 2, 2019

Animal_Goddess

  • Sr. Member
  • ****
  • Posts: 339
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly





 

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

For a complete list of videos, visit our video library