A Third Party Who Has a Claim Against a Trust

question 87

Multiple Choice

A third party who has a claim against a trust must file his claim against the:

• A)settlor.
• B)trustee.
• C)executor.
• D)beneficiaries.

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Definitions:

Commutes

The regular travel of a person between their place of residence and place of work or study.

Inattention

Lack of attention or failure to focus on tasks or stimuli, often leading to errors or missed information.

Depressants

Psychoactive drugs that cause an altered state of consciousness by decreasing behavior and mental activity.

Flow

A highly focused, altered state of consciousness, when awareness of self and time diminishes due to being completely engrossed in an enjoyable activity.