The court may appoint or replace a trustee in all of the following circumstances EXCEPT:
A) The trustee is incompetent
B) The named trustee declines the position.
C) The trustee dies.
D) The named trustee is also a co-beneficiary.
Correct Answer:
Verified
Q18: MATCHING:
-The monetary gain that is generated from
Q19: MATCHING:
-A trust included in a will
A)legal title
B)cestui
Q20: A single trust may have only one
Q21: Which duty prohibits a trustee from personally
Q22: Which is an example of remainder beneficiary
Q24: Which is NOT considered valid grounds for
Q25: Which is NOT an essential element of
Q26: Which is NOT a trustee's duty?
A)Duty to
Q27: Which is an invalid trust combination?
A)The settlor,
Q28: To be a settlor, a person must
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