AAFM Exam CTEP Topic 2 Question 59 Discussion

Actual exam question for AAFM's CTEP exam

Question #: 59
Topic #: 2

[All CTEP Questions]

A trust involves_______ parties. ___________ is the person who establishes the trust.

ATwo, Settlor

BThree, Settlor

CTwo, Executor

DThree, Executor

Show Suggested Answer

Suggested Answer: B

by Desirae at Jan 27, 2025, 01:50 PM

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3 days ago

I agree with Odette. The settlor is crucial in setting up the trust.

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4 days ago

A trust involves two parties. Settlor is the person who establishes the trust.

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