The Feature That Distinguishes a 'Discretionary' Trust from Other Forms

question 40

Multiple Choice

The feature that distinguishes a 'discretionary' trust from other forms of trust is:

• A)the trust property is divided into units by the settlor.
• B)the beneficiaries are members the settler's family.
• C)the trust has not been expressly created.
• D)the trustee has some choice about how trust property is distributed.

Recognize the major canals and foramina of the skull and their functional relevance.

Understand the key principles and obligations of insurance policies, including indemnity, subrogation, and the incontestability clause.

Recognize the responsibilities of insurers towards their clients, including defense and settlement efforts in third-party claims.

Comprehend the legal concepts of concurrent property ownership and the steps involved in the sale of real estate.

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Definitions:

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