A(n) ________ is a trust established to transfer assets to your children, while allowing the surviving spouse access to funds in the trust, if necessary. Trust assets are distributed to the children tax free upon the death of the surviving spouse
A) family trust
B) revocable living trust
C) irrevocable living trust
D) pre-probate trust
Answer: A
Business
You might also like to view...
The United States' form of government is referred to as ________, in which the federal government and the fifty states share powers.
A. statism B. socialism C. federalism D. mercantilism
Business
Memos and e-mails written by managers are considered to be ______.
A. interesting B. permanent C. unimportant D. classified
Business
Given that z is a standard normal random variable, what is the probability that -2.51 
z
-1.53?
A. 0.4950 B. 0.4370 C. 0.0570 D. 0.9310
Business
According to your text book, the difference between emotions and moods is ___________.
a. Intensity of feeling b. Duration of feeling c. There is no difference d. Joy
Business