A Testamentary Trust Is Established in a Will

question 88

True/False

A testamentary trust is established in a will.

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Definitions:

Benefits Costs

The expenses incurred by an organization in providing non-wage compensations such as health insurance, pensions, and paid leave to its employees.

United States

A country located primarily in North America, comprised of 50 states, known for its significant influence on global culture, politics, and economy.

Diverse Workforce

A workforce comprised of individuals from a wide range of backgrounds, cultures, genders, ages, and abilities.

Benefits Programs

A range of programs provided by employers to offer various non-wage compensations to employees, like health insurance, retirement benefits, and more.