This Type of Trust Can Be Created to Protect the Interests

question 24

Multiple Choice

This type of trust can be created to protect the interests of the beneficiaries who might spend trust funds unwisely.

• A) A QTIP trust
• B) A dynasty trust
• C) A charitable trust
• D) A spendthrift trust

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Definitions:

Child Abuse

Any act by a parent, caregiver, or other individual that results in potential or actual harm to a child, whether physically, psychologically, or sexually.

Microsystems

The immediate environments in which people interact face-to-face, such as families, schools, and peer groups, within the broader context of Bronfenbrenner’s ecological systems theory.

Play School

Play school, also known as preschool, is an educational establishment offering early childhood education to children prior to compulsory education at primary school.

Weekdays

The days of the week that are typically dedicated to work or school activities, usually from Monday to Friday, excluding the weekend.