Which of the following is a similarity between a living trust and an inter vivos trust?
A) both of them are subject to probate
B) both of them require the beneficiaries to be present during the time of creation of the trust
C) both of them are created while the settlor is still alive
D) both of them are free from changes resulting from operations of law like annulment
C
You might also like to view...
Those who argue in favour of corporate social responsibility suggest that:
A. you need to justify socially responsible behaviour from an investors standpoint only. B. being socially responsible is all about being ethical. C. business exists only to make money for shareholders. D. companies who are perceived as being socially responsible will ultimately earn more profits for their investors.
To minimize currency risk, managers should distinguish economic exposure from transaction and translation exposures
Indicate whether the statement is true or false