Question
Joseph established an irrevocable trust to pay college tuition for his six great-grandchildren. After the last of Joseph's six great-grandchildren graduates from college Group of
Joseph established an irrevocable trust to pay college tuition for his six great-grandchildren. After the last of Joseph's six great-grandchildren graduates from college
Group of answer choices
the trust can be revoked by the probate court.
the trust can be revoked by Joseph.
the trust terminates.
the trust continues in perpetuity.
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A is the correct answer The trust can be revoked by the probate court An Immutable trust is ...
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
13th edition
1111971633, 978-1111971632
