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In Order to Travel Extensively and Not Worry About Handling

question 28

Multiple Choice

In order to travel extensively and not worry about handling her affairs,Lee transfers most of her assets into a trust,with her bank serving as trustee.She has created ________ trust.


Definitions:

Dispositional Explanations

Attributions of behavior to stable internal factors, including personality traits and beliefs.

Circumstances

The conditions or facts affecting a specific event, decision, or action.

Disposition

An individual's natural attributes of intellect and personality.

Situation

The set of circumstances or context in which events occur, influencing the outcomes of actions or decisions.

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