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Author Question: Jennifer's closest friend and companion is her cat, Buster. Jennifer wants to make sure that Buster ... (Read 146 times)

james

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on: Aug 3, 2018
Jennifer's closest friend and companion is her cat, Buster. Jennifer wants to make sure that Buster is well cared for after she is gone. What type of trust do you recommend to ensure that Buster is taken care of?
 
  a. Spendthrift trust
  b. Testamentary trust
  c. Sprinkling trust
  d. Pet trust

Question 2

Which of the following is not an element of a trust?
 
  a. A trustee
  b. A beneficiary
  c. A settlor
  d. A gift
  e. Trust property


Toya9913

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Reply #1 on: Aug 3, 2018
Answer to Question 1

d

Answer to Question 2

d


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