Multiple Choice
A trust is created to hold, manage, and distribute assets to beneficiaries as indicated by the grantor of the trust. There are three major parties to a trust and two principal forms of trusts. What is/are the primary reason (s) to transfer through trusts?
A) To provide for multiple beneficiaries.
B) To avoid probate.
C) Both A and B.
D) Neither A nor B.
Correct Answer:
Verified
Correct Answer:
Verified
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