Choose the Word or Phrase in [ ] Which Will

question 7

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-You would create a [living | testamentary] trust to be used after you die.

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Definitions:

Anticipate

To expect or predict something based on current knowledge or trends, often involving preparation for a known event or condition.

Compounded Semi-annually

The process of applying interest to an initial sum and the accrued interest on that sum every six months.

Scheduled Payments

Pre-arranged agreements to pay a certain amount at specific times, often used in loans and financial agreements.

Equivalent

Equal in value, amount, function, meaning, or status.