A Trust Created by a Will to Come into Existence

question 23

True/False

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

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Definitions:

Authoritarian Personality Theory

A theory that suggests that a personality type characterized by strict adherence to conventional values and a belief in absolute obedience or submission to authority figures may be more susceptible to following authoritarian regimes.

Theodor Adorno

A German philosopher and sociologist known for his critical theory of society, contributions to aesthetics, and critique of culture and authoritarianism.

Financial Hardship

A situation where a person struggles to meet basic financial obligations.

Coping Strategies

Conscious efforts to reduce anxiety in the face of a perceived threat.