Which Would Be a Reason for the Creation of a Trust

question 15

Multiple Choice

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

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

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Definitions:

Involuntarily Committed

The legal process by which individuals are placed into a mental health treatment facility without their consent, often due to their potential danger to themselves or others.

Suicidal

Pertaining to having thoughts, tendencies, or actions towards causing one's own death.

Homicidal

Homicidal refers to having a desire or intention to commit murder.

Predicting Dangerousness

The process of assessing the likelihood that an individual will behave in a way that poses a threat to the safety of others or themselves.