Course Solutions Uncategorized (Answered) : true or false The only form of legally recognized trust is an After Death (testamentary trust) trust

(Answered) : true or false The only form of legally recognized trust is an After Death (testamentary trust) trust

June 27, 2024| admin| 0 Comment| 7:33 pm

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true or false

The only form of legally recognized trust is an After Death (testamentary trust) trust

Expert Answer

Ans:

False

The various types of trusts are Living trust, estamentary trust,funded trust,unfunded trust,revocable trust.All these trust are legally recognized form of trust.Hence it is false to say that testamentary trust is only form of legally recognized trust.

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(Answered) : true or false The only form of legally recognized trust is an After Death (testamentary trust) trust

Expert Answer

Ans: False The various types of trusts are Living trust, estamentary trust,funded trust,unfunded trust,revocable trust.All these trust are legally recognized form of trust.Hence it is false to say that testamentary trust is only form of legally recognized trust.

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Ans:

False

The various types of trusts are Living trust, estamentary trust,funded trust,unfunded trust,revocable trust.All these trust are legally recognized form of trust.Hence it is false to say that testamentary trust is only form of legally recognized trust.