Multiple Choice
Which of the following is NOT a feature of a revocable living trust?
A) It can be used as a device for saving estate taxes.
B) On the death of the settlor,the living trust becomes irrevocable.
C) It allows the settlor to manage and retain full control over the assets of the trust.
D) It allows the settlor to name himself or herself as trustee.
Correct Answer:
Verified
Correct Answer:
Verified
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