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__________ Analysis Focuses on the Outputs Rather Than the Inputs

question 32

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__________ analysis focuses on the outputs rather than the inputs.


Definitions:

Settlor

The individual who creates a trust by legally transferring assets into it, setting the terms for its management and distribution.

Revoke

To take back or withdraw an offer, right, or privilege.

Resulting Trust

A trust implied by law when property is transferred under circumstances suggesting the transferor does not intend the recipient to have beneficial interest in the property.

Express Trust

A trust created either while the settlor is alive or by will.

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