The Characteristics of a Spendthrift Trust Include Which of the Following

question 42

Multiple Choice

The characteristics of a spendthrift trust include which of the following?

• A) Spendthrift provisions are not valid in most states.
• B) Spendthrift trusts are created to preserve assets against trust creditors.
• C) A settlor may provide,in a spendthrift trust,that the beneficiaries cannot,by assignment or otherwise,impair their rights to receive principal or income.
• D) All of these.

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Definitions:

Deferred Imitation

The ability to replicate a behavior observed at an earlier time, even in the absence of the immediate presence of the original stimulus.

Symbolic Play

A type of play in which children use objects, actions, or ideas to represent other objects, actions, or ideas, as part of their cognitive development.

Sensorimotor Stage

Piaget’s first stage in cognitive development, in which infants learn through senses and motor activity.

Recognition Memory

The ability to recognize previously encountered events, objects, or people.