MATCHING: -A Trust Included in a Will

question 18

Multiple Choice

MATCHING:
-A trust included in a will

• A)legal title
• B)cestui que trust
• C)equitable title
• D)testamentary trust
• E)trust agreement
• F)principal
• G)income
• H)Restatement of the American Law of Trusts
• I)Uniform Trust Code
• J)parol evidence

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Definitions:

Prospective Client

An individual or organization that is considered a potential customer and may be interested in the company's products or services.

Payment Options

Various methods available to pay for goods or services, including cash, credit cards, and electronic payments.

Growing Annuity

A growing annuity is a type of annuity payment that increases at a constant rate over time, often used to model increasing cash flows like rent or royalties.

Fixed Period

A specified duration of time during which certain conditions or rules are applied, often in financial contracts or investment terms.