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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Kerry

30 days ago

I bet the person who came up with 'CestuquieTrust' was having a really good day. Must have been on a roll with the fancy legal terminology!

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Roselle

9 days ago

C) It is the person for whose benefit the property is transferred.

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Tasia

10 days ago

A) It is a Trust created for People with Minor children.

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Ettie

1 months ago

Wow, 'CestuquieTrust'? Sounds like something straight out of a Harry Potter book! I'll have to remember that one for my next trivia night.

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Roosevelt

1 months ago

A and B both seem like reasonable trust types, but they don't quite fit the description of a 'CestuquieTrust'. I'm going to go with C.

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Hyun

10 days ago

I think C is the correct answer.

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Shenika

2 months ago

D sounds tempting, but I'm not sure if 'Deed of Trust' is the same as 'CestuquieTrust'. I'll need to do some more research on this one.

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Jess

17 days ago

I think 'C' is the correct answer. It makes sense that it would be the person benefiting from the trust.

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Janna

18 days ago

C) It is the person for whose benefit the property is transferred.

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Chauncey

1 months ago

A) It is a Trust created for People with Minor children.

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Estrella

2 months 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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Amie

1 months ago

Actually, the correct answer is A. It is a Trust created for People with Minor children.

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Amie

2 months ago

I agree, the 'CestuquieTrust' is indeed the person for whose benefit the property is transferred.

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Rosalia

2 months ago

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

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Bobbye

2 months ago

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

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Jeannine

3 months ago

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

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