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Author Question: This type of trust involves the trustor opening of a savings account in which the trustee makes ... (Read 45 times)

berenicecastro

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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
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emily12345

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Reply #1 on: Mar 2, 2019

Answer 1

A person with disabilities

Answer 2

Totten trusts


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