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Author Question: If a trust is created to take effect within the lifetime of the settlor, it is a testamentary trust. ... (Read 109 times)

geoffrey

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on: Jun 24, 2018
If a trust is created to take effect within the lifetime of the settlor, it is a testamentary trust.
  Indicate whether the statement is true or false

Question 2

A general legacy is a certain sum of money left by a testator to a named person.
  Indicate whether the statement is true or false


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Carliemb17

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

TRUE


geoffrey

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

jamesnevil303

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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