The Trust Settlor

question 28

Multiple Choice

The trust settlor:

• A) can only commence a trust following the death of the willmaker.
• B) cannot be a beneficiary of the trust.
• C) must settle the trust with a cash sum of at least $100.
• D) both b and c

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Definitions:

Anthocerophyta

is a division of non-vascular plants that includes the hornworts, characterized by a sporophyte that grows from the gametophyte.

Lycopodiophyta

A division of vascular plants, often referred to as clubmosses, that reproduce through spores and do not have seeds.

Mosses

Small, non-vascular plant species that typically grow in dense green clumps or mats, often in damp or shady locations.

Hepaticophyta

A division of non-vascular plants known as liverworts, which are similar to mosses and typically found in moist habitats.