1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Snezhnost [94]
3 years ago
9

In order to travel extensively and not worry about handling her affairs, Lee transfers most of her assets into a trust, with her

bank serving as trustee. She has created a(n) ________ trust.
Social Studies
1 answer:
laila [671]3 years ago
6 0

Answer:

inter vivos

Explanation:

Inter vivos involves the transfer of a persons's assets and property under subject of trust. It is made during lifetime of the person or mean that when the person is alive. These trusts may be irrevocable or revocable.

<u>Lee transferring most of the assets that she had into the trust means that she has created an inter vivos trust.</u>

You might be interested in
Describe the four different types of legal systems with which international businesses must deal in.
Galina-37 [17]

Answer:

Common law

Religious law

Civil law

Bureaucratic law

Explanation:

Common law : Simply defined as laws established on the basis of precedents ( decisions from previous court proceedings on related cases). Common laws are referenced when existing laws or statutes aren't enough to determine the outcome of a proceeding.

Civil law: Refers to a comprehensive system of codified rules and principles which adopted as the primary source of law. It is accessible to both citizen and judiciary. Jurist may also make adjustments based on circumstances and social changes.

Religious law : These are laws based on the doctrines of a particular religious institution such as hindu law, islamic sharia which emanates from the sacred text of different religious affiliation.

Bureaucratic law : These are laws passed or made on the principle of rank and hierarchy. They are made by bureaucrats (top level individuals) with or without regard to formal laws. Bureaucratic laws are predominant in communist Communities who have no regards for democracy or formal laws.

3 0
4 years ago
Your friend lives in Tokyo, Japan. She wants you to call her on Wednesday at 8 a.m. Tokyo time. You live in Chicago. What day an
Tpy6a [65]

Answer: 10 am

Explanation:

6 0
2 years ago
Why did the French and Indian war change the relationship between the British and the colonists?
alekssr [168]

Answer:

he French and Indian War altered the relationship between Britain and its American colonies because the war enabled Britain to be more "active" in colonial political and economic affairs by imposing regulations and levying taxes unfairly on the colonies, which caused the colonists to change their ideology from ...

Explanation:

3 0
3 years ago
Chloe wants to be a broadcast journalist when she gets out of college, as she's been told she's well spoken and highly expressiv
zzz [600]
She should spend time with highly expressive people.
4 0
3 years ago
A hotel maid may take a 15 minute break after cleaning three bedrooms. Fixed Ratio, Variable Ratio, Fixed Interval, or Variable
frozen [14]

<em>Your answer is FR. </em>

<em></em>

<em>"Fixed Ratio"</em>

<em></em>

<em>I hope this helps. </em>

8 0
3 years ago
Other questions:
  • How did the Iroquois promote peace and defense?
    5·1 answer
  • What images from equiano's account are most memorable or horrifying to you?
    7·1 answer
  • How are New Jerseys government and the national government alike
    13·1 answer
  • The notion that individuals and firms are compelled to retaliate or punish others for engaging in noncooperative actions, but le
    9·1 answer
  • How much did the magnetic compass cost?
    11·2 answers
  • Romila ensures that she pays taxes out of fear that she might be caught and sent to prison for evading taxes. The given example
    14·1 answer
  • Professor Wheeler has just agreed to be a member of a very important committee at his university, to protect the rights and welf
    8·1 answer
  • List and explain the three reasons for establishing the Georgia colony
    6·1 answer
  • The U.S. constitution protects the rights of its citizens. What are some rights you think that every person should have? Try to
    15·1 answer
  • Nelson Mandela was in prison for... *
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!