Which of the Following Is Not an Advantage Associated with a Trust

question 27

Multiple Choice

Which of the following is not an advantage associated with a trust?

• A)Tax advantages.
• B)Allows the bypassing of probate.
• C)Lower cost.
• D)Control advantages.
• E)All of the above are advantages.

---

Definitions:

Total Liabilities

The total of all financial obligations owed by a business to creditors, including loans, accounts payable, and other debts.

Retained Earnings

The portion of a company's profits that are not distributed as dividends to shareholders but are kept by the company for reinvestment.

Retained Earnings

The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders.

Dividends

Payments made by a corporation to its shareholder members. It is the share of profits and retained earnings that the company pays out to its shareholders.