« previous next »

Author Question: The trustee holds the legal title to the property, the beneficiaries hold the ________ title, ... (Read 42 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
on: Mar 2, 2019

Question 1

The purpose of making the property income producing is to provide income to the beneficiaries without having to invade the ________ of the trust.



Question 2

The trustee holds the legal title to the property, the beneficiaries hold the ________ title, meaning they have the right of enjoyment of the property.

Wills, Trusts, and Estates Administration ¦ Herskowitz ¦ 5th Edition
Buy Test-Bank


Edwyer

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Mar 2, 2019

Answer 1

Principal

Answer 2

Equitable


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

P68T

  • Hero Member
  • *****
  • Posts: 509
Reply #2 on: Mar 2, 2019
Thanks


Edwyer

  • Sr. Member
  • ****
  • Posts: 337
Reply #3 on: Mar 2, 2019
Welcome :)


« previous next »
 

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Self-sealing property Self-sealing property
Daniel Burnham’s Flatiron Building (1902) was one of the first to use steel girders to hold up the b Daniel Burnham’s Flatiron Building (1902) was one of the first to use steel girders to hold up the b
The fuel system should hold pressure if the system is leak free. The fuel system should hold pressure if the system is leak free.
Apply thumb strokes on palm of hand and fingers. Hold the baby’s hand palm up and use thumbs to ... Apply thumb strokes on palm of hand and fingers. Hold the baby’s hand palm up and use thumbs to ...
Legal Environment of Business: Online Commerce, Ethics, and Global Issues (Cheeseman) Legal Environment of Business: Online Commerce, Ethics, and Global Issues (Cheeseman)
Which holds more Which holds more
Video: Types of antimicrobial substances (interferons & complement protein)

For a complete list of videos, visit our video library