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A Trust May Serve Any Purpose That Is Not Against

question 77

True/False

A trust may serve any purpose that is not against the law or public policy.


Definitions:

Aged 65

Refers to individuals who have reached the age of 65 years, often considered the beginning of old age or retirement age in many societies.

Elderly

Individuals who are advanced in age, often defined as being 65 years old or older, and may have specific social, health, and economic considerations.

Fearful Of Death

The intense apprehension or terror associated with the thought of dying, a common experience affecting individuals' attitudes toward life and mortality.

Prospects For The Future

Speculations or expectations about what may happen or be achieved in the time to come.

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