[Answered] If a trust is created to take effect within the lifetime of the settlor, it is a testamentary trust. ...

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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 73 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

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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

Thanks for the timely response, appreciate it

cassie_ragen

Member
Posts: 347

Reply 3 on: Yesterday

Gracias!

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