2. How is a testamentary trust created? When does it come into existence?
What will be an ideal response?
A testamentary trust is part of a will. All the trust provisions are enumerated as a section of the will. Since a will is ambulatory, meaning that it doesn’t take effect until the trustor dies, the trust does not take effect until the death of the trustor, or more particularly, when the will is probated.
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The Model Penal Code is:
a. a set of uniform laws for all federal criminal cases. b. a collection of criminal statutes. c. a uniform collection of criminal laws followed by all states. d. a uniform collection of criminal laws followed by the federal courts.
A major difference between interviewing clients and witnesses is that the latter may not always be __________ the client's position
a. Credible regarding b. Competent regarding c. Friendly to d. Relevant to
All captioners are known by the same title regardless of their working situation
a. True b. False
Which of the following forms might be included in a firm's form file?
a. Forms for filing lawsuits in specific courts b. Forms for retainer agreements c. Forms for bankruptcy petitions d. All of these choices are correct