Which of the Following Is a Similarity Between a Living

question 4

Multiple Choice

Which of the following is a similarity between a living trust and an inter vivos trust?

• A)both of them are subject to a probate
• B)both require the beneficiaries to be present during the time of creation of the trust
• C)both of them are created while the settlor is still alive
• D)both of them are free from changes resulting from operations of law like annulment

---

Definitions:

Public Speaking

The act of delivering a speech or presentation to a live audience with the purpose of informing, persuading, or entertaining.

Codependent

A psychological condition or relationship in which one person enables another's addiction, poor mental health, immaturity, irresponsibility, or under-achievement, often at the cost of their own needs or well-being.

Alcoholic Coworker

An individual in the workplace who struggles with alcohol addiction, potentially affecting their productivity, safety, and interactions with colleagues.

Housing Market Crisis

A significant decline in the real estate market, often characterized by falling home prices and mortgage defaults, leading to widespread economic disruption.