Author Question: The five elements that are required for a valid trust are: a trustor, a trustee, trust property, ... (Read 91 times)

maychende

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Question 1

All trusts, once put into effect, may not be altered or amended.


◦ true
◦ false

Question 2

The five elements that are required for a valid trust are: a trustor, a trustee, trust property, beneficiaries, and trust purpose.


◦ true
◦ false


parker125

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