Which of the Following Would Be a Benefit of Establishing

question 112

Multiple Choice

Which of the following would be a benefit of establishing a trust?

• A)It can reduce or provide payment for estate taxes.
• B)It can allow you to avoid probate and transfer assets immediately to beneficiaries.
• C)It can free you from managing your assets, while providing you a regular income.
• D)It can ensure that your property serves a desired purpose after you die.
• E)A trust can do all of these things.

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Definitions:

Psychological Disorder

A condition characterized by abnormal thoughts, feelings, and behaviors that cause distress or significant problems.

Panic

A sudden, overwhelming fear that triggers severe physical reactions when there is no real danger or apparent cause.

Schizophrenic

Pertaining to schizophrenia, a severe mental disorder characterized by distortions in thinking, perception, emotions, and behavior.

Preparedness

The predisposition of animals, including humans, to learn certain types of associations more easily than others, which has evolutionary significance.