The Most Common Types of Express Trusts Are Living Trusts

question 12

Short Answer

The most common types of express trusts are living trusts and _______ trusts.

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Definitions:

Values Conflict

A situation of conflict that arises when differing and incompatible values are in opposition.

Self-Definition

The way in which an individual characterizes themselves, often encompassing values, beliefs, and personal identity.

Basic Beliefs

Fundamental convictions or attitudes that people hold as true without needing constant reassurance or evidence.

Low Conformer

An individual who shows little adherence to group norms or societal expectations, often pursuing an independent or unconventional path.