Examlex
In an example reported in your text, a man was trapped behind a refrigerator and nearly suffocated. Subsequently, he has a phobia of tight, enclosed spaces and is afraid to ride on small, crowded elevators. However, he has no fear of large, uncrowded elevator rides. The man's fear of small elevators is an example of ______, and his lack of fear toward large elevators is an example of _______.
Living Trust
A legal document that allows an individual, the trustor, to designate another person, the trustee, to manage their assets for the benefit of a third party, the beneficiary, while the trustor is still alive.
Corpus
The principal amount of a trust or estate, as distinguished from income or interest generated by it.
Property Held
Assets owned by an individual or entity, including real estate, investments, personal property, and intellectual property.
Trust
A fiduciary arrangement wherein one party, known as the trustee, holds assets for the benefit of another party, known as the beneficiary.
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