Multiple Choice
Marilyn and Earl establish a trust benefiting their grandchild, Courtney, age 4. Courtney is to receive the accumulated income and corpus when she reaches age 30. In the year of the transfer, Courtney has a two-week period in which to request distributions. This trust is a
A) 2503(c) trust.
B) Clifford trust.
C) Crummey trust.
D) none of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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