6. A trustee may obtain permission from the court to deviate from the requirements of the trust if such a deviation appears to be in the best interests of the trust and the beneficiaries.

True

False

7. A trustee may not purchase trust assets directly, but she may have an agent purchase them for her, as this avoids the appearance of improper conduct.

True

False

8. Riskier short term investments with the possibility of large cash profits are typically more beneficial to the life beneficiary, while conservative long term investments with smaller payouts are more beneficial to the remainderman.

True

False

9. Inflation is typically more of a concern for the remainderman of a trust than for the life beneficiary

True

False

10. A breach of trust will not be found where the trustee's actions don't result in monetary harm to the trust or the beneficiaries.

True

False