| Chapter Objectives (See related pages)
After reading this chapter and completing the assignments, you should be able to:
Understand the terminology associated with trusts. |
| | | Identify the categories of trusts. |
| | | Identify the elements of a trust. |
| | | Identify the parties involved in the creation of a trust. |
| | | Explain the role played by the parties involved in the creation of a trust. |
| | | Understand how a trust can be terminated. |
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