A Trust Created by Will at the Death of a Testator

question 34

Multiple Choice

A trust created by will at the death of a testator is called a(n) :

• A) charitable trust.
• B) cy pres trust.
• C) inter vivos trust.
• D) testamentary trust.

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Definitions:

Storytelling

The act of narrating stories or events, often employed as a teaching, entertainment, or therapeutic tool, allowing for the sharing of experiences, values, and cultural norms.

Causality

This refers to the relationship between cause and effect where one event (the cause) directly results in another event (the effect).

Morality

Refers to principles concerning the distinction between right and wrong or good and bad behavior.

Assimilating Information

The process of absorbing and integrating new information into one's existing knowledge or understanding.