A(n)________ Is a Trust Established to Transfer Assets to Your

question 81

Multiple Choice

A(n) ________ is a trust established to transfer assets to your children,while allowing the surviving spouse access to funds in the trust,if necessary.Trust assets are distributed to the children tax free upon the death of the surviving spouse.

• A)family trust
• B)revocable living trust
• C)irrevocable living trust
• D)pre-probate trust

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