Author Question: This type of trust involves the trustor opening of a savings account in which the trustee makes ... (Read 65 times)

berenicecastro · **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

emily12345 · **Reply #1 on:** Mar 2, 2019

Answer 1

A person with disabilities

Answer 2

Totten trusts