Which Is an Invalid Trust Combination

question 1

Multiple Choice

Which is an invalid trust combination?

• A)The settlor, trustee, and beneficiary are three different people.
• B)The settlor is also a co-trustee and a co-beneficiary.
• C)The settlor is also the trustee and beneficiary.
• D)The settlor is also the beneficiary, and another person is the trustee.

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Definitions:

Fiscal Policy

Governmental decisions on taxation and spending policies aimed at influencing the national economy's performance.

Deficit Spending

A government's expenditure surpassing its revenue, causing or increasing a deficit.

Department of Agriculture

A government division responsible for developing and executing policies on farming, agriculture, and food, aimed at ensuring food safety and promoting agricultural productivity.

Public Education

An education system that is publicly funded through taxation, meant to provide free educational opportunities to students without discrimination.