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In 2020, Kat O'Malley created a trust for the benefit of her two children, and named the eldest child as the trustee. The trust instrument
In 2020, Kat O'Malley created a trust for the benefit of her two children, and named the eldest child as the trustee. The trust instrument provided that the income earned from the trust should be distributed annually and an additional $1,500 should be distributed to a local animal shelter. What classification best describes this trust?
Charitable
Complex
Grantor
Simple
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