The Elements of a Trust Include Actual Delivery by the Grantor

question 27

True/False

The elements of a trust include actual delivery by the grantor to the beneficiary with the intent of passing title.

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Definitions:

External

Originating from or situated outside of something or someone, often influencing or affecting it from the outside.

Operationalization

The process of defining a fuzzy concept so as to make the concept measurable and to understand it in terms of empirical observations.

Annual Income

The total amount of money an individual or household earns in one year, often used to measure economic status.