A Trust Is Created When a Grantor Transfers Property to a Trustee

question 24

True/False

A trust is created when a grantor transfers property to a trustee for the benefit of one or more people.

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Definitions:

Allergy

A condition in which the immune system reacts abnormally to a foreign substance, causing adverse effects.

Slight Muscle Aches

Slight Muscle Aches refer to minor or mild discomfort, soreness, or pain in the muscles, often resulting from physical exertion or tension.

Chronic Obstructive Pulmonary Disease

A progressive lung disease that makes it hard to breathe due to obstruction of the airways.

Digestive

Related to the process by which the body breaks down food into absorbable nutrients.