Can you help me figure out this problem? I am so confused...
Thank you!
Suppose X, Y, and Z buy a piece of property in C’s name. A trust will result that goes to
a. C
b. X, Y, and Z jointly
c. X, Y, Z, and C jointly
d. Mostly to C, with the remainder going to X, Y, and Z
I believe its "a and goes to "C" but I don't know... I am debating between that one and to "b" X, Y, and Z jointly.
1 answer
If the property is in C's name, then C is the sole owner. It looks like a. is correct.
1 answer