In 2000, Boyd Created a Trust That Would Become Effective

question 17

Essay

In 2000, Boyd created a trust that would become effective on his death. In the trust instrument, Boyd specified that all of the income from his stocks and bonds be used for the benefit of St. John's Hospital and indicated that his brother Chad should administer the trust.
a. What kind of trust is this?
b. What is Boyd with relationship to the trust?
c. What is the corpus of the trust?
d. What is Chad with relationship to the trust?

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Definitions:

Brady-

A prefix used in medical terminology to denote a slowness in rate or frequency, such as in bradycardia (slowness of the heart rate).

Hyper-

A prefix denoting above normal, excessively high, or increased in quantity.

Hypo-

A prefix denoting below, under, or less than normal, often used in medical terms to indicate a deficient or decreased state.

Angi/o

is a prefix related to blood vessels or lymph vessels.