A Trust That Is Established and Effective During the Settlor's

question 63

Multiple Choice

A trust that is established and effective during the settlor's lifetime is known as a(n) ________ trust.

• A)causa mortis
• B)per capita
• C)per stirpes
• D)inter vivos

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Definitions:

Double

A data type used in programming to represent floating point numbers with double the precision of the standard float type.

Float

A float refers to a floating-point number, which is a way of representing real numbers in computing that can handle fractions.

Precision

The degree of exactness with which a value is expressed or measured in computing and mathematics.

Numerical Accuracy

The degree to which the result of a computation conforms to the correct value, affected by various factors including floating-point representation and algorithmic design.