Revocable Trusts Means

question 57

Multiple Choice

Revocable trusts means

• A)the transferor may not demand the assets be returned.
• B)income or estate tax savings for the grantor.
• C)the assets in the trust avoid probate.
• D)the grantor is always the beneficiary.

---

Definitions:

Happiness

A condition marked by feelings of satisfaction and happiness, which can vary from being content to experiencing profound joy.

Heritability Estimate

A statistical measure that indicates how much of the variation in a particular trait within a population is due to genetic differences.

Tendency

An inclination or predisposition to exhibit a particular type of behavior or to react in a specific manner under given circumstances.

Happiness

A state of well-being characterized by emotions ranging from contentment to intense joy.