Write a short essay in which you compare and contrast the attributes and benefits of a living trust with a testamentary trust
What will be an ideal response?
Students should explain the key attributes of both trusts. Living trusts become effective upon execution, whereas testamentary trusts take effect only when funded after the death of the testator. Living trusts can be used to avoid probate, whereas testamentary trusts require a probate proceeding.
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?A decision of the Michigan Supreme Court (the highest court in the state), assuming that it was on point, would serve as a binding authority for which of the following?
A. ?The California trial courts B. ?The United States Supreme Court C. ?The Massachusetts Appeals Court D. ?The Michigan trial courts
Laws that relate to the enforcement of the substantive rights and duties are known as ______ laws
Fill in the blank(s) with correct word
The Tear Out feature in Sanction allows the user to
a. block out sensitive information. b. place a section of information in separate file. c. delete unwanted information. d. show selected text in a larger separate window.
A useful technique of __________ listening is to repeat back a portion of what the client has told you.
Fill in the blank(s) with the appropriate word(s).