Examlex

Solved

In Order to Travel Extensively and Not Worry About Handling

question 28

Multiple Choice

In order to travel extensively and not worry about handling her affairs,Lee transfers most of her assets into a trust,with her bank serving as trustee.She has created ________ trust.


Definitions:

Affordable Health Care Act

A federal statute signed into law in 2010 aimed at expanding healthcare coverage, reducing healthcare costs, and improving system efficiency, commonly known as Obamacare.

Medicaid

A government health insurance program for individuals and families with low income and resources.

Federal

Pertaining to a system of government in which power is divided between a central authority and constituent political units.

Medicare

A federal health insurance program primarily for people aged 65 and older, but also available for some younger people with disabilities.

Related Questions