A Remainder Beneficiary Generally Must Wait Until the Trust Terminates

question 61

True/False

A remainder beneficiary generally must wait until the trust terminates to receive any distribution of income.

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Definitions:

Splitting Off

A psychological defense mechanism where individuals may separate conflicting thoughts or emotions into distinct, compartmentalized areas of their psyche.

Trauma

An extraordinary psychological experience—caused by threat to life or bodily safety or a personal encounter with violence and death—that overwhelms ordinary human functioning.

Forgiveness

"An internal process of healing within the victim, whereby she or he is able to disconnect from self-destructive defenses and reactions, such as anger and guilt, brought to bear interpsychically in reaction to a traumatic event so as to move on toward a healthy lifestyle."

Victim

An individual who suffers harm, loss, or adversity, often due to an accident, crime, or other unfortunate event.