« previous next »

Author Question: This type of trust involves the trustor opening of a savings account in which the trustee makes ... (Read 67 times)

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
on: Mar 2, 2019

Question 1

Special needs trusts are designed to benefit:


◦ Charities
◦ Minors
◦ A person with disabilities
◦ Elderly beneficiaries

Question 2

This type of trust involves the trustor opening of a savings account in which the trustee makes deposit, and the beneficiary receives the benefit.


◦ Bypass trusts
◦ Totten trusts
◦ Charitable trusts
◦ Testamentary trusts
Wills, Trusts, and Estates Administration ¦ Herskowitz ¦ 5th Edition
Buy Test-Bank


emily12345

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Mar 2, 2019

Answer 1

A person with disabilities

Answer 2

Totten trusts


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Blood-typing and cross-reactions: The blood type depends on the presence of surface antigens (agglut Blood-typing and cross-reactions: The blood type depends on the presence of surface antigens (agglut
Cataract extraction. The procedure involves a surgical removal of a cataract lens and its replacemen Cataract extraction. The procedure involves a surgical removal of a cataract lens and its replacemen
The process of learning to read involves physical and socioemotional development, changes in the ... The process of learning to read involves physical and socioemotional development, changes in the ...
a) Type IV hypersensitivity reaction, contact dermatitis as the result of reaction to the nickel in ... a) Type IV hypersensitivity reaction, contact dermatitis as the result of reaction to the nickel in ...
Comparison of E-type Climates Comparison of E-type Climates
A simple pendulum of length 2.5 m m makes 5.0 complete swings in 16 s s . What is the ... A simple pendulum of length 2.5 m m makes 5.0 complete swings in 16 s s . What is the ...
Video: Types of Burns

For a complete list of videos, visit our video library