An inter vivos trust - Study guides, Class notes & Summaries
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BAR EXAM: SC: Trusts
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I.	Split of Legal and Equitable Title 
a.	Common law definition: fiduciary relationship in which one person (trustee) holds legal title to property for the benefit of another. 
b.	Beneficiary can enforce the trust in equity, thus giving the beneficiary an equitable interest in the trust property. 
II.	Express and Implied Trusts 
a.	Express Trusts 
i.	Created in express terms by a transfer of legal title to a trustee or by a declaration of trust. Declaration of trust is one in which the settlor...
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Test Bank For Canadian Income Taxation, 20192020 22Th Edition By William Buckwold
- Exam (elaborations) • 238 pages • 2023
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Chapter 03 - Liability for Tax, Income Determination, and Administration of the Income Tax System 
Chapter 03 Liability for Tax, Income Determination, and Administration of the Income Tax System 
Multiple Choice Questions 
1. Joe is a Canadian citizen. In March of 20x1, Joe was transferred to the United States by his employer. His wife and child moved with him at that time. Joe chose not to sell his house, and instead, now lends it to his extended family during the winter months when they visit ...
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AAMS Module 9: Estate Planning for Investment Clients Questions and Answers (100% Pass)
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AAMS Module 9: Estate Planning for 
Investment Clients Questions and 
Answers (100% Pass) 
Types of Estates - Answer️️ -Probate Estate and Gross Estate. 
Estate planning is the process of planning the accumulation, conservation, 
and distribution of an estate to effectively and efficiently accomplish both 
tax and non-tax objectives. Good estate planning ensures a person's wishes 
with regard to their assets and medical care are carried out both while they 
are alive and after their death. ...
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ANSW ERS TO BAR EXAMINATION QUESTIONS IN CIVIL LAW
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ANSW ERS TO BAR 
EXAMINATION QUESTIONS 
IN 
CIVIL LAW 
ARRANGED BY TOPIC 
(19 9 0 – 2 0 0 6 ) 
First Editio n - Edite d an d Arran ged by: 
J uly 26, 2005 
Atty. Janette Laggui-Icao and 
Atty. Alex Andrew P. Icao 
(Silliman University College of Law) 
Latest Edition – Edited and Arranged by: 
ROMUALDO L. SEÑERIS II 
Silliman University College of Law 
Fro m the ANSW ERS TO BAR EXAMINATION QUESTIONS 
by the UP LAW COMPLEX 
& 
Philippin e Asso ciatio n o f Law Scho o ls 
CIVIL...
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Legal Aspects of Real Estate: Online Exam Questions and Answers 100% Pass
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Legal Aspects of Real Estate: Online Exam Questions and Answers 100% Pass 1. Under the English legal system, legal disputes were settled: (Page 1) b) on a case-by-case basis before a judge. 
2. Under Spanish civil law, legal disputes were settled by: (Page 1) d) pre-established statutes. 
3. The federal and state governments are divided into the judicial and executive branches. (Page 2) c) legislative 
4. Eminent domain the right of the government to: (Page 3) a) take private property for public...
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NALA Certified Paralegal Exam Terms and Concepts Study Guide
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NALA Certified Paralegal Exam Terms 
and Concepts Study Guide 
Estate administration - Answer-The process in which a decedent's personal representative settles 
the affairs of the decedent's estate (collects assets, pays debts and taxes, and distributes the remaining 
assets to heirs); the process is usually overseen by a probate court. 
inter vivos trust - Answer-A trust created by the grantor (settlor) and effective during the grantor's 
lifetime—that is, a trust not established by ...
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NALA Certified Paralegal Exam Terms and Concepts
- Exam (elaborations) • 46 pages • 2024
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NALA Certified Paralegal Exam Terms and 
Concepts 
Estate administration - answerThe process in which a decedent's personal representative 
settles the affairs of the decedent's estate (collects assets, pays debts and taxes, and distributes 
the remaining assets to heirs); the process is usually overseen by a probate court. 
inter vivos trust - answerA trust created by the grantor (settlor) and effective during the 
grantor's lifetime—that is, a trust not established by a will. 
Assau...
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TN timeshare study guide latest 2023 rated A+
- Exam (elaborations) • 13 pages • 2023
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TN timeshare study guide latest 2023 rated A+ 
If there is a complaint against licensee, they must answer in how many days? 10 days 
If a customer sees a timeshare and buys it how long do they have to cancel the purchase? 10 days 
If the customer does not see the time share and buys it how long do they have to cancel the purchase? 15 days 
If customer cancels purchase how long does the developer have to refund all the monies? 30 days 
If a public offering statment is incomplete how long do you h...
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TAXATION II (C238)|UPDATED&VERIFIED|100% SOLVED|GUARANTEED SUCCESS
- Exam (elaborations) • 8 pages • 2023
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An index search 
a search by alphabetical index for content 
 
 
 
A citation search 
A specific search for exact words in a IRC section, Treasury Regulation, court case, IRS pronouncement or other document 
 
 
 
A Content search 
To search by hyperlinks for each database with a table of contents 
 
 
 
A keyword search 
to search by IRC, Treasury Regulations and Federal Tax Cases by certain terms 
 
 
 
Legislative regulations 
treasury regulations that are treated as law because Congress has ...
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TEST BANK for Canadian Income Taxation Planning and Decision Making, 25th Edition by William Buckwold, Joan Kitunen, Matthew Roman, Abraham Iqbal
- Exam (elaborations) • 229 pages • 2024
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TEST BANK for Canadian Income Taxation Planning and Decision Making, 25th Edition by William Buckwold, Joan 
Kitunen, Matthew Roman, Abraham Iqbal 
CHAPTER 1 
1) Which of the following is not considered to be a separate entity for tax purposes in 
Canada? 
A) An individual 
B) A proprietorship 
C) A corporation 
D) A trust 
2) Which of the following attitudes and actions is most likely to help decision-makers 
develop an efficient approach to taxation? 
A) Cash flows should be considered from a...
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