The correct ansewr (d) A TESTAMENTARY TRUST
A testamentary trust (also known as a will trust or trust under will) is a trust that exists after the death of the testator and is specified in their will. A will may include more than one testamentary trust and may address the entire estate or any portion of it.
Testamentary trusts differ from inter vivos trusts in that they are established during the settlor's lifetime.
In a testamentary trust, four people are involved:
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Full Question:Dotty creates a trust by her will for the benefit of Eppie and her family to come into existence on Dotty's death. This is a
a. constructive trust.
b. an inter vivos trust.
c. a resulting trust.
d. a testamentary trust.