Which of the Following Is One of the Requirements for Forming

question 9

Multiple Choice

Which of the following is one of the requirements for forming an express trust?

• A) The settlor need not necessarily attain the age required by state law for the creation of valid wills and contracts.
• B) The trust cannot be created for a reason that is contrary to public policy.
• C) The settler must name a trustee for the trust and a substitute trustee in the event the named trustee refuses to act.
• D) The beneficiaries cannot be members of a specific class, such as "my children."

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Definitions:

Paralytic Ileus

Paralysis of the intestinal wall with symptoms of acute obstruction.

Small Intestine

A part of the gastrointestinal tract where most of the digestion and absorption of nutrients takes place.

Bile

A secretion of the liver; a greenish-yellow fluid with a bitter taste.

Crohn's Disease

A chronic inflammatory bowel disease characterized by inflammation of the digestive tract, leading to abdominal pain, severe diarrhea, fatigue, weight loss, and malnutrition.