Answer the following statements true (T) or false (F)
1. There is only one way to terminate a trust and that occurs when the trust has been fulfilled.
2. It is illegal for a paralegal to draft a trust under and attorney’supervision
3. A trust does not have to be named, but giving it a name ensures that the trust is distinguishable from other legal documents in the client’s possession.
4. A trustee are given general powers of trust management by state law, and unfortunately they can’t be limited.
1. False
2. False
3. True
4. False
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Paralegals do not typically experience problems with conflict of interest when switching employment.?
Answer the following statement true (T) or false (F)
An offer is sufficiently clear if a court can determined what ________ is appropriate for a breach
Fill in the blank(s) with correct word
The Means Test consists of a series of financially related questions and formulas designed to determine whether debtors qualify for Chapter 13
Indicate whether the statement is true or false
Consideration consists of
A. a benefit. B. a detriment. C. all of the above. D. none of the above.