Discuss how a trust is different from a will. At this point in the textbook, additional research may be used to expand on this topic.
What will be an ideal response?
A trust is a legal agreement in which a settlor transfers legal title of property to a trustee that will manage the property. A trust takes effect as soon as it is created, but only property included in the trust can be transferred. Trusts do not have to pass through probate court. Trusts can remain private. Trusts can be used to plan for disabilities and to provide savings on taxes. Additional material may be included in the answers.
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Sherry lost her home and was staying in Mark's home while she tried to get back on her feet. One night the entire household was awakened by a pounding on the door. It was the police and they came into the house and searched for drugs that they believed were there. Sherry was very angry at the police action and wants to challenge the search. Sherry can challenge the search because
A. Sherry has an ownership interest in the property. B. Sherry has automatic standing because she was present at the time of the search C. Sherry was a permanent resident in this home D. Sherry was an overnight (or several nights) guest in this home
Shepard's in print is the most current method to validate cases
Indicate whether the statement is true or false
On relatively rare occasions, unsecured creditors, such as recipients of spousal or child support and criminal restitution victims, file a motion for
A) Summary judgment B) Dismissal C) Sanctions D) Relief from stay
What document written by James Madison is frequently used when interpreting and discussing the religion clauses?
A) Memorial and Remonstrance against Religious Assessments B) Federalist 70 C) Federalist 10 D) The Religious Manifesto