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The Grantor of a Trust Generally Designates Both ____________________ and ____________________

question 62

Short Answer

The grantor of a trust generally designates both ____________________ and ____________________
beneficiaries under the controlling agreement.


Definitions:

Working

Engaged in an activity as a means of earning income; employed.

Reward

A payment or compensation offered for the fulfillment of certain requirements or for providing specific services.

Promised

The past tense of promise, indicating that an assurance or commitment had been previously made.

Refused

The act of rejecting or turning down a request, offer, or command.

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