A Trust Created by Will and Effective After the Death

question 39

Multiple Choice

A trust created by will and effective after the death of a testator is called a(n) :

• A) charitable trust.
• B) cy pres trust.
• C) inter vivos trust.
• D) testamentary trust.

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Definitions:

Immediately

Refers to something happening without delay or instantly.

Continuously

Ongoing without interruption or cease, typically used to describe processes or operations that do not stop or pause.

Partially

To some extent but not completely; involving only a part or portion.

Intermittently

Describes something occurring at irregular intervals; not continuously or steadily.