When a trust is created by a conveyance in trust, the settlor transfers legal title to someone else.
Correct Answer:
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Q3: Parol (oral) trusts dealing with personal property
Q4: A trust in which the settlor transfers
Q5: As part of their fiduciary duty, trustees
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Q6: Equitable title also is known as beneficial
Q7: Under many state laws, trusts dealing with
Q9: When a trust is created, the trustee
Q10: A trust in which the trust property
Q11: A testamentary trust is a trust expressing
Q12: A living trust is under the control
Q13: In an express trust, the intention must
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