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Keisha's Grandfather Has Created a Trust for the Benefit of the Grandchildren

Question 1

Multiple Choice

Keisha's grandfather has created a trust for the benefit of the grandchildren:


A) He may limit access to the funds by requiring that the money only be expended for their education.
B) He may extend the terms of the trust into perpetuity.
C) He may not protect the money from her creditors since Keisha is a known spendthrift.
D) He may not act as co-trustee of the funds himself.
E) All of the above.

Correct Answer:

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