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Author Question: Example, Mike Smith creates a trust for the benefit of Habitat for Humanity in which all of the ... (Read 78 times)

ereecah

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on: Mar 2, 2019

Question 1

Charitable trusts are also called:


◦ Discretionary trust
◦ Bypass trust
◦ Testamentary trust
◦ Public trusts

Question 2

Example, Mike Smith creates a trust for the benefit of Habitat for Humanity in which all of the trust assets will be used for further Habitat's mission to eliminate poverty housing from the earth by building and renovating decent, affordable housing. This is an example of what kind of trust?


◦ Discretionary trust
◦ Bypass trust
◦ Charitable trust
◦ Testamentary trust
Wills, Trusts, and Estates Administration ¦ Herskowitz ¦ 5th Edition
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Marked as best answer by ereecah on Mar 2, 2019

Dinolord

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Reply #1 on: Mar 2, 2019
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ereecah

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Reply #2 on: Mar 2, 2019
Excellent


Dinolord

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Reply #3 on: Mar 2, 2019
Great! Please up vote :D


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