Which of the Following Is an Incorrect Statement Concerning Trusts

question 19

Multiple Choice

Which of the following is an incorrect statement concerning trusts?

• A) The trustee has legal title to the corpus.
• B) The beneficiary has equitable title to or beneficial interest in the corpus.
• C) Generally, a beneficiary may not transfer his or her interest in the trust.
• D) A trustee cannot delegate the performance of personal duties.

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Definitions:

Discordant

Describes pairs in which one member is exposed to a certain factor or condition and the other is not, often used in studies to understand the impact of variables on outcomes.

Autosomal Dominant

A pattern of inheritance where a mutation in just one of the two copies of a gene is sufficient to cause a genetic disorder.

Huntington Disease

A genetic disorder that causes the progressive breakdown of nerve cells in the brain, leading to physical, cognitive, and emotional symptoms.

Cognitive Impairment

A reduction in one's ability to think, concentrate, formulate ideas, reason, and remember compared to previous levels of functioning.