A Trust That Comes into Existence Only After the Will

question 36

Multiple Choice

A trust that comes into existence only after the will is probated is known as a(n) _____ trust.

• A) testamentary
• B) living
• C) irrevocable living
• D) irrevocable life insurance
• E) revocable  living

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Definitions:

Pulmonary Trunk

The major blood vessel which splits into the left and right pulmonary arteries, carrying deoxygenated blood from the heart to the lungs.

Pulmonary Arteries

Blood vessels that carry blood from the heart to the lungs for oxygenation.

Left Atrium

One of the four chambers of the heart, receiving oxygenated blood from the lungs and pumping it into the left ventricle.

Deoxygenated Blood

Blood that has released its oxygen to the body's cells and is returning to the heart to be sent to the lungs for oxygenation.