Examlex
How does age affect the use of ethically questionable tactics?
Express Trusts
A type of trust explicitly created by a settlor, typically in writing, specifying the trust's terms, beneficiaries, and the trustee's duties.
Trust Instruments
Legal documents establishing a trust, specifying its terms, and the responsibilities of the trustees.
Personal Representative
The person designated by a testator to collect the testator’s property after he or she dies, pay the debts and taxes, and make sure the remainder of the estate gets distributed.
Beneficiaries
Individuals or entities designated to receive benefits or assets from a will, trust, insurance policy, or other legal instrument.
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