Multiple Choice
Which would be a reason for the creation of a trust?
A) For religious,educational,or charitable purposes
B) To encourage spendthrift beneficiaries to deplete the trust fund
C) To save taxes but incur probate expenses
D) To appoint a property guardian for a minor
Correct Answer:

Verified
Correct Answer:
Verified
Q3: MATCHING:<br>-An individual or trust institution appointed by
Q7: Everyone needs a will.
Q10: A single person can be a settlor,
Q15: MATCHING:<br>-The capital or property of a trust,
Q18: MATCHING:<br>-The administration of an estate in the
Q19: If a person preplans his or her
Q22: To acquire the authority and powers of
Q23: The surviving natural parent is automatically appointed
Q25: MATCHING:<br>-Land, buildings, and the objects permanently attached
Q26: MATCHING:<br>-A man or woman who makes and/or