Question: Instructions: Match each item on the left with the correct definition and/or description from the drop down menu. Executor [ Choose ] [ Choose ]

 Instructions: Match each item on the left with the correct definitionand/or description from the drop down menu. Executor [ Choose ] [

Instructions: Match each item on the left with the correct definition and/or description from the drop down menu. Executor [ Choose ] [ Choose ] A trust that is required to distribute annual accounting income Sprinkling The fiduciary in charge of an estate The person who transfers assets to a trust The body or principal of a trust A trust that takes ownership of the assets of an individual even before death Grantor The fiduciary in charge of a trust A trust whose remainder beneficiary is its grantor A trust whose income can be distributed to beneficiaries and in amounts at the trustee's discretion A trust that has a charitable beneficiary Simple An estate always is created upon the death of this party Reversionary [ Choose ] Trustee [ Choose ][ Choose ] Living [ Choose ] Decendent [ Choose ] v Complex [ Choose ] v Corpus [ Choose ] V

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