Which would be a reason for the creation of a trust??

A. ?To save taxes but incur probate expenses
B. ?To encourage spendthrift beneficiaries to deplete the trust fund
C. ?For religious, educational, or charitable purposes
D. ?To appoint a property guardian for a minor


Answer: C

Legal Studies & Paralegal

You might also like to view...

Explain how to find resources for learning how to use a spreadsheet and its features

What will be an ideal response?

Legal Studies & Paralegal

The following are secondary sources: __________.

A. legal encyclopedias B. legal periodicals and law review articles C. treatises D. a, b, and c E. a and b

Legal Studies & Paralegal

What was the largest value of gift that a donor could make in 2012 without filing a tax return?

a. $10,000 b. $11,000 c. $13,000 d. $14,000

Legal Studies & Paralegal

The plan of reorganization must contain the requirements established in 11 U.S.C. ยง 1123(a), known as the ________ provisions

Fill in the blank(s) with correct word

Legal Studies & Paralegal