Posted by: Pdfprep
Post Date: February 14, 2021
A client has a minor child she is concerned about what might happen if she was to die, while the child was still young and unable to sensibly handle a sizeable inheritance, one solution could be to draft her will so that the child receives the asset once reaching age 21 this is an example of
A . A discretionary trust
B . A testamentary trust
C . An inter vivo trust
D . A family trust
Answer: B
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