In estate planning, which statement regarding trusts is FALSE? 1) Trusts can be used effectively to avoid the probate process 2) With alter ego trusts, the beneficiary and settlor are the same person 3)Multiple testamentary trusts may be treated as one trust for tax purposes where the beneficiary is the same individual 4)lnter-vivos trusts are taxed at the same marginal tax rates as an individual 5)Through testamentary trusts, it may be possible to access lower tax brackets multiple times for the beneficiarie