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A Sec. "2503(c) Trust

Question 25

Multiple Choice

A Sec. "2503(c) trust"


A) requires distribution of trust assets to the beneficiary at age 21.
B) is a discretionary trust for a beneficiary of any age.
C) is intended for beneficiaries over the age of 20.
D) can be formed only by the parent(s) of the beneficiaries.

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