From the point of view of the duties of administrators, it is most often to be distinguished between: There are two types of trusts: inter vivo and testamentary. Testamentary trusts are created after a person`s death and can be created by a will. Inter vivo trusts are created while the Settlor is alive. These trusts are generally divided into two categories: formal and informal.

Tuesday, October 12th, 2021

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