Solved

Lieko Wants to Put Some Money in Trust for Her

Question 23

Multiple Choice

Lieko wants to put some money in trust for her daughter Mari, but she does not want to lose full control over the funds in case she may need them in the future. One trust suited to Lieko's needs is


A) a constructive trust.
B) a resulting trust.
C) a spendthrift trust.
D) a Totten trust.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions