Question: Amy Amy created a trust that goes into effect as soon as the papers are signed. Amy has the right to change the trustee, the

Amy

Amy created a trust that goes into effect as soon as the papers are signed. Amy has the right to change the trustee, the beneficiary, and other terms.

What kind of trust did Amy most likely create?

A testamentary trust

A revocable living trust

An irrevocable living trust

An irrevocable charitable remainder trust

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