Which of the Following Is a Similarity Between a Living

question 53

Multiple Choice

Which of the following is a similarity between a living trust and an inter vivos trust?

• A) both of them are subject to probate
• B) both of them require the beneficiaries to be present during the time of creation of the trust
• C) both of them are created while the settlor is still alive
• D) both of them are free from changes resulting from operations of law like annulment

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Definitions:

Inductive Current

A theoretical concept referring to current that is induced by a changing magnetic field, often associated with inductors in circuits.

RLC Parallel Circuit

An electrical circuit consisting of a resistor (R), inductor (L), and capacitor (C) connected in parallel.

Parallel Tank Circuit

A resonant circuit consisting of a capacitor and an inductor connected in parallel, used to select or filter specific frequencies.

Resonant Frequency

The frequency at which a system oscillates at its maximum amplitude.