An Income Beneficiary Is

question 39

Multiple Choice

An income beneficiary is

• A) a stockbroker who remained working on Wall Street after the 1987 crash.
• B) an employee of a trustee.
• C) one who receives interest and dividend income from a trust during their lifetime.
• D) one who receives the principal of a trust when it is dissolved.
• E) None of the options are correct.

---

Definitions:

Introductory Statement

An opening remark or paragraph that sets the context or provides background information for what follows.

Industry Jargon

Specialized language or terminology used within a particular field or industry, often difficult for outsiders to understand.

Qualifications Summary

A brief section on a resume highlighting an individual's most relevant skills, experiences, and achievements.

Essential Keywords

Important or critical terms used in search engine optimization (SEO) to improve visibility and ranking in search results.