A Trust Created by a Will to Come into Existence

question 26

True/False

A trust created by a will to come into existence on the settlor's death is an inter vivos trust.

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Definitions:

Sedimentary Rock

A type of rock that forms from the accumulation and cementation of mineral and organic particles, often in layered deposits.

Magma

Molten rock located beneath the surface of the Earth, which can form intrusive or extrusive igneous rocks upon cooling.

Metamorphic Rock

Rock that has undergone transformation in texture, mineralogy, or chemical composition due to high temperature and pressure.

Partial Melting

The process by which only a portion of a solid is melted, often occurring in the Earth's mantle, leading to the generation of magma.