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Which of the Following Is False a Trust

Question 14

Multiple Choice

Which of the following is false a trust?


A) Interest may be generated by a trust.
B) Income may be paid to a person identified as an income beneficiary.
C) A person entitled to income must be the person entitled to the trust corpus.
D) A trust may be created to protect a pet.
E) A trust may be created for tax reasons.

Correct Answer:

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