Author Question: With a revocable living trust, the trustor usually acts as trustee during his or her lifetime and is ... (Read 57 times)

jman1234 · **on:** Aug 3, 2018

With a revocable living trust, the trustor usually acts as trustee during his or her lifetime and is also the beneficiary of the trust during his or her lifetime.

a. True
b. False

Question 2

Which of the following is a reason to change a will?

a. The testator changes his or her mind
b. Circumstances change
c. Assets are acquired
d. Heirs are born and die
e. All of the above