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.

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Definitions:

Legal

Pertaining to the law or the practice of law; involves matters of legal significance, rights, and obligations.

Bribes

Payments, gifts, or special favors intended to influence the outcome of a decision.