An Inter Vivos Trust Is Created

question 14

Multiple Choice

An inter vivos trust is created:

• A) While the grantor is no long living
• B) Upon the death or disability of a grantor
• C) By the creation of an irrevocable will document
• D) To take effect while the grantor is still alive

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Definitions:

Experiments

Controlled procedures carried out to investigate the effects of specific variables on a subject under study.

Assumptions

Premises or ideas accepted as true without proof, used as the basis for reasoning, discussion, or calculation.

Scientific Models

Simplified representations of complex systems or phenomena used to explain, predict, or control those systems or phenomena.

Reality

The state of things as they actually exist, as opposed to how they may appear or might be imagined.