Inter Vivos Trusts Usually

question 56

Multiple Choice

Inter vivos trusts usually

• A)form part of your assets upon death and need to be probated.
• B)are challenged through the court system when made public at death.
• C)result in arguments about who owns the assets upon death.
• D)distribute all income to beneficiaries annually to avoid high tax rates.

---

Definitions:

Z-score

A standardized score that indicates how many standard deviations a data point is from the mean.

Continuous Random Variable

A variable that can assume an infinite number of values within a given range, where the outcomes cannot be counted but are measured.

Density Function

A mathematical function that describes the probability distribution of a continuous random variable, indicating how the total probability is distributed over the various possible values the variable can take.

Symmetric

A characteristic of shapes, equations, or other entities that remain unchanged when reflected, rotated, or transformed in specific ways.