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In her Will, Leila left the residue of her estate in a trust. Her daughter, Veronique, is the sole beneficiary for trust income during her

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In her Will, Leila left the residue of her estate in a trust. Her daughter, Veronique, is the sole beneficiary for trust income during her lifetime, On Veronique's death, Leila's instruction is for the trust to close and the remaining assets are to be distributed to Leila's grandchildren. Which of the following statements is correct? O After Leila's death, Veronique can change the ultimate beneficiaries from Leila's grandchildren to someone else If the trustees have discretionary authority, they can decide each year how much or how little of the trust income to pay Veronique This is a good example of an "inter vivos" trust O Veronique would be a good candidate to also be a trustee of the trust in addition to being the sole beneficiary Moving to another question will save this response. >

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