Multiple Choice
Regarding a trust,which of the following is a false statement?
A) A trust may be created to protect a pet.
B) Interest may be generated by a trust.
C) Income may be paid to a person identified as an income beneficiary.
D) A person entitled to income must be the person entitled to the trust corpus.
E) A trust may be created for tax reasons.
Correct Answer:

Verified
Correct Answer:
Verified
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