When this type of trust is established, the trustor intends to retain the income for his or her lifetime for him or herself or a beneficiary of the trustor’s choice, and upon his or her, or the beneficiaries death, the principle remaining in the trust is distributed to an already named charity.
a. Public trust
b. Charitable lead trust
c. Charitable remainder annuity trust
d. Charitable remainder trust
d. Charitable remainder trust
Legal Studies & Paralegal
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Define Living will.
What will be an ideal response?
Legal Studies & Paralegal
An entry in a case management system for a meeting that happens every Thursday morning is an example of a(n):
a. automatic meeting b. recurring entry c. timeslip entry d. repetitive entry e. rotational entry
Legal Studies & Paralegal
Once the initial bankruptcy is filed, litigation by creditors is suspended. This is called a(n)
A. automatic suspension. B. automatic stay. C. judicial stay. D. judicial suspension.
Legal Studies & Paralegal
The most common form of property ownership for married couples is ______________.
Fill in the blank(s) with the appropriate word(s).
Legal Studies & Paralegal