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Regarding a Trust,which of the Following Is a False Statement

Question 25

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.

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