Which of the following would not be a part of the Uniform Simultaneous Death Act?

Which of the following would not necessarily be true?

Which of the following is not a marital deduction trust?

All of the following are required elements of a valid trust except

The Uniform Simultaneous Death Act set forth rules relates to transfer of assets to minors.

Please discuss living trusts (revocable and irrevocable), testamentary trusts, constructive trusts, and resulting trusts. Be sure to include a discussion of the elements of a constructive trust.

A trust may exist without a beneficiary.

QTIP is an acronym for qualified terminable interest property.

A spendthrift trust is also known as spray trust.

Ademption can come about by satisfaction, which occurs when property is given to an heir that is intended to be deducted from the heir’s portion of the giver’s estate.