This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a trust is created to take effect within the lifetime of the settlor, it is a testamentary trust. ... (Read 114 times)

geoffrey

  • Hero Member
  • *****
  • Posts: 880
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Carliemb17

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

TRUE


geoffrey

  • Member
  • Posts: 880
Reply 2 on: Jun 24, 2018
:D TYSM

nguyenhoanhat

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

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.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

The effect of thyroid hormones on tadpole development The effect of thyroid hormones on tadpole development
The Flynn Effect The Flynn Effect
Effect of Atmospheric Stability Effect of Atmospheric Stability
Effect of a catalyst on activation energy Effect of a catalyst on activation energy
Chilling Effect of a Cold Current Chilling Effect of a Cold Current
The Dose-Effect Relationship, Showing (A) Drug Potency and (B) Drug Efficacy (Or Effectiveness) The Dose-Effect Relationship, Showing (A) Drug Potency and (B) Drug Efficacy (Or Effectiveness)
Video: Pneumonia Animation

For a complete list of videos, visit our video library