Ask Question
BusinessBusiness
1 January, 07:33

Types of Trusts include all of the following, except: a. Inter Vivos b. Charitable Living c. Marital Deduction d. Testamentary

+3
Answers (1)
  1. 1 January, 07:41
    0
    The correct answer is: All of the options provided are trusts.

    Explanation:

    A trust is a fiduciary relationship where one party, called the trustor gives another party, the trustee, the right to hold assets or property on behalf of a beneficiary. In a fiduciary relationship, one person holds a legal or ethical obligation to prudently care for another person's assets. Examples of trusts are revocable, irrevocable, charitable, Inter Vivos, marital deduction, testamentary, and asset protection trusts.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Types of Trusts include all of the following, except: a. Inter Vivos b. Charitable Living c. Marital Deduction d. Testamentary ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Blue cross and blue shield were founded to protect the financial security of
Answers (1)
Seller agrees to supply all gasoline fire needs for the next year three dollars per gallon. After three months the price of gas falls to 233 per gallon. Buyer refuses to keep buying from seller unless the seller lowers the price.
Answers (1)
You have decided to renovate your restaurant. You estimate that renovations will result in an extra $125,000 in sales per year and save $25,000 in utilities.
Answers (1)
Queen Products Company are presented below. All balance sheet data are as of December 31. 2017 2016 Net sales $757,500 $721,500 Cost of goods sold 480,500 445,000 Interest expense 8,000 4,200 Net income 45,500 37,000 Accounts receivable 123,500
Answers (1)
If average demand for an item is 20 units per day, safety stock is 50 units, and lead time is four days, the rop will be: question 8 options: a. 20 b. 50 c. 70 d. 80 e. 130
Answers (1)
New Questions in Business
Javier is the business manager at his college. In his role, Javier makes a lot of business decisions. Javier has installed a vending machine in a dorm for soft drinks. The machine rents for $200 a month and the electrical use is minimal.
Answers (1)
If the economy starts to boom and loan demand picks up, what do you predict will happen to the money supply?
Answers (1)
The comparative balance sheets of Friends, Inc. show a net increase in accounts receivable of $650 and a net decrease in inventory of $500. To determine net cash flow from operating activities under the indirect method, net income should be:
Answers (1)
A company has net sales of $1,630,200 and average accounts receivable of $418,000. What is its accounts receivable turnover for the period?
Answers (1)
Which of the following is a common way to describe a product that is being offered for sale? in the market on the market on exchange in business
Answers (1)
Home » Business » Types of Trusts include all of the following, except: a. Inter Vivos b. Charitable Living c. Marital Deduction d. Testamentary
Sign Up Forgot Password?