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If Provided for in the Controlling Agreement, a Trust Might

question 152

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If provided for in the controlling agreement, a trust might terminate when the income beneficiary reaches age 35.


Definitions:

Wellness Programs

Organized and coordinated programs that aim to promote the overall health and well-being of participants, often offered through employers.

Consumer-Directed

A model or approach that allows consumers to make decisions about the goods or services they receive, often seen in healthcare or marketing.

Health Plans

Insurance policies or arrangements that provide coverage for medical expenses to individuals or groups.

Pension Program

A retirement plan offered by an employer that provides a regular income to employees after they retire.

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