In Situations That Involve Volunteering Time on an Ongoing Basis

question 110

Multiple Choice

In situations that involve volunteering time on an ongoing basis:

• A)men are more likely to help than women.
• B)women are more likely to help than men.
• C)men and women are equally likely to help.
• D)neither men nor women tend to be helpful.

---

Definitions:

Totten Trust

is a type of revocable trust created by depositing funds into a bank account with a designated beneficiary upon the account holder's death.

Settlor

The person who creates a trust by transferring assets into the trust for the benefit of the trust's beneficiaries.

Joint Bank Account

A bank account held by two or more individuals, where each account holder has equal access and rights to the funds.

Remaindermen

Individuals who have a future interest in property after the end of a life estate or other particular interest.