Which Is True of an Inter Vivos Trust

question 6

Multiple Choice

Which is true of an inter vivos trust?

• A)It is created by a will.
• B)The grantor cannot serve as trustee.
• C)It is established while the grantor is still alive.
• D)Such a trust is not revocable.

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Definitions:

Libido

The psychoanalytic term for the energy associated with the sexual drives and desires.

Superego

In psychoanalytic theory, the part of the personality that acts as a moral center, guiding behavior according to learned societal standards.

Collective Unconscious

In Jungian theory, the universal memories and experiences of humankind, represented in the symbols, stories, and images (archetypes) that occur across all cultures.

Personality

The combination of characteristics or qualities that form an individual's distinctive character and behavioral patterns.