The Difference Between a Testamentary Trust and a Living Trust

question 98

Multiple Choice

The difference between a testamentary trust and a living trust is that a testamentary trust ________.

• A) is written by an attorney
• B) is created by a will
• C) exists only after probate
• D) is controlled by the heirs
• E) Both B and C .

---

Definitions:

Estrogen

A group of hormones critical for the development and functioning of female reproductive tissues and the regulation of the menstrual cycle.

Menstruation

The monthly shedding of the uterine lining in non-pregnant women, typically accompanied by bleeding, marking the start of the menstrual cycle.

Refractory Period

A period immediately following a stimulus during which a nerve or muscle is unresponsive to further stimulation.

Orgasm

A peak of sexual pleasure characterized by intense sensations and involuntary muscle contractions, often accompanied by the release of sexual tension.