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Julia collected several valuable antiques over her lifetime. She set up an inter vivos trust to leave the antiques to her son, Edward. She also
Julia collected several valuable antiques over her lifetime. She set up an inter vivos trust to leave the antiques to her son, Edward. She also included a provision in the trust indenture stating that the trust's property would revert back to Julia at her discretion. This is an example of a:
a discretionary trust.
b revocable trust.
c mere power trust.
d precatory trust.
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