AAFM Exam CTEP Topic 8 Question 29 Discussion

Actual exam question for AAFM's CTEP exam

Question #: 29
Topic #: 8

[All CTEP Questions]

What is a 'CestuquieTrust'?

AIt is a Trust created for People with Minor children.

BIt is a Trust created by people in high-liability occupations

CIt is the person for whose benefit the property is transferred.

DIt is another name for 'Deed of Trust'

Show Suggested Answer

Suggested Answer: B

by Brock at Oct 18, 2023, 08:21 PM

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10 days ago

I think the correct answer is C. The 'CestuquieTrust' refers to the person for whose benefit the property is transferred in a trust.

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13 days ago

Actually, it is the person for whose benefit the property is transferred.

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14 days ago

I believe it is a Trust created by people in high-liability occupations.

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25 days ago

I think a 'CestuquieTrust' is a Trust created for People with Minor children.

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