What Topic Do Families Most Frequently Argue About

question 128

Multiple Choice

What topic do families most frequently argue about?

• A) discipline of children
• B) money
• C) in-laws and other relatives
• D) where to live

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Definitions:

Totten Trust

A type of revocable trust created by depositing funds into a bank account with a designated beneficiary, often used for avoiding probate upon the depositor's death.

Spendthrift Trust

A trust designed to prevent the beneficiary's creditors from accessing the trust funds, providing financial protection for the beneficiary.

Totten Trust

A Totten Trust is a type of informal trust account created by depositing funds into a bank account with a beneficiary designated to receive the balance upon the depositor's death.

Savings Account Trust

A trust account set up at a bank or financial institution, where money is held under a trust agreement for the benefit of the beneficiaries.