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Individual A, who is 50 years of age, established a trust for the benefit of his spouse. The spouse is entitled to receive all of
Individual A, who is 50 years of age, established a trust for the benefit of his spouse. The spouse is entitled to receive all of the trusts annual income and has the sole right to encroach on the trusts capital, if necessary. The trust must remain until the death of the spouse. This trust is classified as an inter-vivos trust that is also a spousal trust. Is this statement true or false?
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