Asked by la douce Fleur on Jun 23, 2024

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A trust that is created by a will is called a(n) :

A) conveyance in trust.
B) declaration of trust.
C) intervivos trust.
D) testamentary trust.

Testamentary Trust

A trust that is created by a will.

Conveyance in Trust

A legal arrangement where property is transferred to a trustee for the benefit of another party, often used in estate planning and asset protection.

Intervivos Trust

A trust created during the lifetime of the settlor, allowing the settlor to transfer assets before their death for the benefit of designated beneficiaries.

  • Examine the role and regulations of different types of trusts within estate planning.
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SF
Seira FerreyraJun 28, 2024
Final Answer :
D
Explanation :
A trust that is created by a will is called a testamentary trust.