A Trust Specified in the Will and Taking Effect at Death

question 28

True/False

A trust specified in the will and taking effect at death is known as an inter vivos trust.

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Definitions:

Suffix

An affix placed after the stem of a word to modify its meaning or create a new word, often indicating a part of speech.

Vowel

A letter of the alphabet representing a speech sound made without significant constriction of the flow of air from the lungs.

Combining Forms

Parts of words (often derived from Greek or Latin) that carry specific meanings and are used in the construction of medical and scientific terminology.

Suffix

A linguistic element added to the end of a word to form a derivative or change its grammatical function.