Which of the Following Is a True Statement

question 70

Multiple Choice

Which of the following is a True statement?

• A) A fiduciary entity is a legal entity that takes possession of property for the benefit of a person.
• B) An estate is a fiduciary that comes into existence upon a person's death to transfer the decedent's real and personal property.
• C) A trust is also a fiduciary whose purpose is to hold and administer the corpus for other persons (beneficiaries).
• D) An estate exists only temporarily, but a trust may have a prolonged or even indefinite existence.
• E) All of the choices are True.

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Definitions:

Controlling

The act or process of regulating, directing, or commanding activities, processes, or systems.

Mistrust

A feeling or attitude of doubt about the reliability or truthfulness of someone or something.

Adult Attachment Interview

A structured interview used to assess an individual's patterns of attachment, aiming to reveal how attachment influences their relationships.

Working Model

In Bowlby’s attachment theory, an individual’s mental representation of self, other, and relationships, which serves as a prototype of social functioning and affects the individual’s expectations and behaviors in future relationships. A cognitive schema that begins in infancy and is refined and elaborated over time; a state of mind about attachment-related issues.