The Grantor of a Trust Generally Designates Both ____________________ and ____________________

question 62

Short Answer

The grantor of a trust generally designates both ____________________ and ____________________
beneficiaries under the controlling agreement.

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Definitions:

Peasants

People of the lower class in rural areas who own or rent small pieces of land for agriculture, historically under feudal systems but also in various forms in modern societies.

Nobles

Members of the aristocracy or nobility, holding significant social status, privileges, and influence from birth or by grant from a monarch.

Obligations

Duties or commitments that an individual is bound to fulfill, either legally or morally.

Nineteenth Century

The nineteenth century is the period from 1801 to 1900, characterized by industrialization, colonization, and major political changes in many countries.