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1. Which of the following statement is Not applicable to a simple trust? 2. In 2021 Yelina created a trust for her two children and

1. Which of the following statement is Not applicable to a simple trust?

2. In 2021 Yelina created a trust for her two children and named the eldest the trustee The trust instrument provided that the income earned from the trust be distributed annually and an additional $3000 should be distributed to a local animal shelter, What classification best describes this trust?

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