A Trust Divides Legal and Equitable Title to Property

question 41

True/False

A trust divides legal and equitable title to property.

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Definitions:

Hearing

A formal proceeding before a court or other decision-making body where evidence and arguments are presented.

Procedural Due Process

A legal principle requiring that the government follow fair procedures before depriving a person of life, liberty, or property.

Substantive Due Process

A principle allowing courts to protect certain fundamental rights from government interference, even if procedural protections are upheld.

Police Power

The inherent authority of a government to impose restrictions on private rights for the sake of public welfare, order, and security.