All trustees are given general powers of trust management by:

« previous next »

Author Question: All trustees are given general powers of trust management by: (Read 27 times)

james9437

Hero Member
Posts: 568

on: Mar 2, 2019

Question 1

Trusts become terminated when:

◦ The trust's purpose has been fulfilled
◦ The beneficiary declines the gifts
◦ The court says
◦ A will is drafted

Question 2

All trustees are given general powers of trust management by:

◦ Federal law
◦ State law
◦ Local penal codes
◦ Power of attorney

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

Buy Test-Bank

gasdhashg

Sr. Member
Posts: 335

Reply #1 on: Mar 2, 2019

Answer 1

The trust's purpose has been fulfilled

Answer 2

State law

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.