What Is the Benefit(s)of a Living Trust

question 15

Multiple Choice

What is the benefit(s) of a living trust?

• A)Keeps assets in the trust out of the gross estate.
• B)Keeps assets in the trust out of the probate estate.
• C)Maintains privacy for the beneficiaries.
• D)Both (a)and (b).
• E)Both (b)and (c).

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Definitions:

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