Why Would a Person Create a Split-Interest Trust

question 22

Short Answer

Why would a person create a split-interest trust?

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Definitions:

Creativity-Relevant Processes

Cognitive and behavioral processes that facilitate creative thinking and ideas, including problem-solving, divergent thinking, and the ability to recognize and exploit novel associations.

Extrinsic Environmental Components

External factors in the environment that can influence the behavior and decision-making processes of individuals or organizations.

Innovation

The process of creating new ideas, products, or methods, which can significantly change and improve the way things are done.

Creativity

The ability to produce original, innovative ideas, approaches, or solutions by thinking beyond traditional boundaries and patterns.