What Is a Trust Corpus

question 73

Multiple Choice

What is a trust corpus?

• A) property and assets that are claimed in case of intestacy
• B) property and assets that the trustee has an equitable right to
• C) property and assets escheated to the government in the absence of a trustee
• D) property and assets held in trust to be used for the benefit of a third person

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Definitions:

Sleeper Effects

The detrimental effects of early-life adversity that occur only later in development.

Early-Life Adversity

Profound and pervasive deprivation experienced during infancy, often resulting in severe developmental delays.

Brain Stem

The base of the brain, which controls such elementary reactions as blinking and sucking, as well as such vital functions as breathing and sleeping.

Developmental Surge

Refers to periods of rapid growth or advancement in physical, cognitive, or emotional development during childhood or adolescence.